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Carcline Communications reported the figures from its adjusted trial balance and from its mult-step income statement for its first year of business, which ended on July 31,2024 : \#\#Z (Click the ioon to view the acoounts and bolances.) \# (Cick the ioon to view the mulb-atep income statement) Read the requirements. Requirement 1. Prepare Caroine Communications' statement of retained eamings for the year ended July 31 , 2024, Assume that there were no dividends declared during the year and that the business began on August 1, 2023. (Enter a "Oo for any zero belances. Include only applicable transactions during the period) Caroline Communications Statement of Retained Earnings Year Ended July 31, 2024 Retained Earning5, August 1, 2023 Retained Earnings, July 31, 2024 Requirement 2. Prepare Caroline Communications' classifed balance sheot at July 31, 2024. Use the report format. Begin by completing the assets section, then complete the labbities and stockholders' equily sections, if a box is not used in the balance shoot, leave the box anipty; de not select a label or ente. 2ero.) Garoline Communicatiens Balance Sheet July 31, 2024 Assets (Click the icon to view the accounts and balances.) (Click the icon to view the multi-step income Read the requirements. Requirement 1. Prepare Caroline Communications' statement of retained earnings for the year ended July 31, 2024. A business began on August 1, 2023. (Enter a "0" for any zero balances. Include only applicable transactions during the dly 31, 2024. Use the report format. fers' equity sections. (If a box is not use Caroline Communications reported the figures from its adjusted trial balance and from its multi-step income staternent for its first year of business, which enc (Click the icon to view the accounts and balances.) (Click the icon to view the mults-step income statement.) Read the cesuirements, Requirement 2. Prepare Caroline Communications' classified balance sheet at July 31, 2024. Use the report format. Begin by completing the assets section, then complete the Labilities and stockholders' equity sections. (If a box is not used in the balance sheet, leave the box zero.) lance and from its multi-step income statement for its firs: (Click the icon to view the multi-step income statement.) sheet at July 31, 2024. Use the report format. d stockholders' equity sections. (If a box is not used in the Caroline Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first ye (Click the icon to view the accounts and balances.) (Click the icon to view the multi-step income statement.) Read the reguirements. munications reported the figures from its adjusted trial balance and from its multi-step income statement for its first year of business, y icon to view the accounts and balances.) (Click the icon to view the multi-step income statement.) uirements. Data table 9 were no divi ce sheet, leave k the icon to view the accounts and balances.) (Click the icon to view the multi-step income statement.) requirements. Requirements s began on Aug 1. Prepare Caroline Communications' statement of retained earnings for the year ended July 31,2024 . Assume that there were no dividends declared during the year and that the business began on August 1, 2023. 2. Prepare Caroline Communications' classified balance sheet at July 31, 2024. Use the report format. airement 2. Prepai by completing the Caroline Communications reported the figures from its adjusted trial balance and from its muli-step income stmement for its fict year of business. which ensed on duly 31 , zo24 IH (Click the icon to view the acoounts and balances) (Click the loon to view the mus-step incirne staitement) Read the Requirement 1. Prepare Caroline Communications' statement of retained eamings for the year ended July 31. 2024. Assume than there were no divitends deciered dumg the year and that ihe business began on August 1, 2023. (Enter a "g" for any zero balances. Indude only applicable transactions diring the period.) Requirement 2. Prepare Carolne Communications' classified balance sheet at July 31, 2024, Use the report format