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More info Consider the foliowing June actual ending balances and July 31, 2024 budgeted amounts for Odas: [i] (Click the icon to view the information) Prepare a budgeted bolance sheet for July 31, 2024. (Hint It may be helptul to trace the effects of each transaction on the accounting equation to determine the ending balance of each account) Complete the accounting equation for the July operating information. (Use a minus sign or parentheses to enter account reductions and contra asset balances and activity. If an input field is not used in the equation leave if empty, do not enter a zere. Abbeviatans used. AP = Acceunts Payable, AR = Accounts Receivable. Accum. Deprec * Accurnulated Depreciation, Merch = Merchandise)