Seth Feye established Reliance Financial Servicesnon July 1, 20Y2. Reliance Financial Services offers financial planning advice to clients. The effect of each transaction and the balanced after each transaction fot July follow:

Required: 1. Prepare an incoume statement for the Month Ended duly 31, 20y2." 2. Prepare a statement of oynur li equily for the Month Ended July 31, 20v2. 3. Prepare a palance sheef as of Jily 31, 20Y2," 4. Prepare a statiment of cash flows for the month ending idily 31,202. "Ele sure to complete the statement heading. Refer to the iists of Accounts in the infomation given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries