Sikes, Capital, July 31, 2018 Requirement 3. Prepare the balance sheet as of July 31, 2018. (If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Shawna Sikes, Registered Dietician Balance Sheet July 31, 2018 Assets Liabilities Owner's Equity Requirement 4. Calculate the debt ratio as of July 31, 2018. Select the debt ratio formula on the first line and then calculate the ratio. Debt ratio %