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Please help. The trial balance as of July 31, 2018, for Sharon Sutton, Registered Dictician, is presented below E (Cick the icon to view the
Please help.
The trial balance as of July 31, 2018, for Sharon Sutton, Registered Dictician, is presented below E (Cick the icon to view the trial balance.) Read the reoviremante Sharon Sution, Registered Dietician Income Statement Month Ended July 31, 2018 Data Table Sharon Sutton, Registered Dietician Trial Bolance 31, 2018 Balance Account Title Cash Accounts Receiveble Office Supplies Prepaid Insuranca Equipmant Accounts Payable Uneaned Revenue Notes Payable Sutton, Capital Sutton, Withdrawal Service Revenue Salaries Expense Rent Expense tilitics Expanse Total Debit Credit 5 37,000 9,400 2,100 2,800 22,000 Net Income Requirement 2. Prepare the ststement of owner's equity for the month ended July 31, 2018. The beginning belance of cepital was 50 and the owner contibuted $23,000 during the month Enter any increases in capital prior to the sublotal and any decreases to capital below the sublotal (Complete al answer boxes. Enter a"0' for any zero balances) Sharon Sutton, Registered Diatician Statement of Owner's Equity Month Ended July 31, 2018 1,600 10,181 30,000 23,000 2,700 Sutton, Captal July 1, 2018 13,369 1,400 500 78,150 78,150 Sutton, Capital, July 31, 2010 Requirement 3. Prepare the balance sheet as of July 31, 2018. (If a box is not used in the statement, leave the box empty Sharon Sutton, Registered Dietician Balance Sheet July 31, 2018 Trial Balance July 31, 2018 Balance Debit Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Sutton, Capital Sutton, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense Total Credit Assets Liabilities $ 37,000 9,400 2,100 2,800 22,000 1,600 10,181 30,000 23,000 Owner's Equity Requirement 4. Calculate the debt ratio as of July 31, 2018 2,700 Select the debt ratio formula on the first line and then calculate the ratio 13.369 1,400 500 250 - Debt ratio Choose from any list or enter any number in the input fields and then continue to the next question. $ 78,150 S 78,150Step by Step Solution
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