The accounts in the ledger of Orole Delivery Service contain the following balances on July 31, 2022 Accounts Receivable $15.200 Prepaid Insurance $3,800 Accounts Payable 10.200 Service Revenue 17.300 Cash Dividends 840 Equipment 59,520 Common Stock 40.160 Maintenance and Repairs Expense 3.758 Salaries and Wages Expense 8.928 Insurance Expense 760 Salaries and Wages Payable 920 Notes Payable (due 2025) 29,950 Retained Earnings (July 1, 2022 6.800 Your answer is partially correct Prepare a trial balance ORIOLE DELIVERY SERVICE Trial Balance July 31, 2022 Debit Credit Accounts Receivable 13200 $ Accounts Payable 12524 Equipment 39920 Maintenance and Repairs Expanse Insurance Expense 750 Notes Pavable Prepaid insurance 3800 Service Ravenge Dividends Common Stock Salate and Water En Sales and we able Renka 600 Prepare an income statement for the month of July 2022 ORIOLE DELIVERY SERVICE Income Statement Revenues For the Year Ended July 31, 2022 July 31, 2022 For the Month Ended July 31. 2022 Service Revenue 17300 Expenses Salaries and Wages Expense 8928 Maintenance and Repairs Expense 3758 Insurance Expense 760 Total Expenses 13446 Net Income (Low) 3854 eTextbook and Media List of Accounts Your answer is partially correct. Prepare a retained earnings statement for the month of July 2022. (List items that increase retained earnings first) ORIOLE DELIVERY SERVICE Retained Earnings Statement July 31, 2022 6800 Retained Earnings For the Month Ended July 31, 2022 July 31, 2022 Add : Net For the Year Ended July 31, 2022 3854 10654 tet V: Dividendi 800 Retained Earnings, July 31 9814 eTextbook and Media List of Accounts Prepare a classified balance sheet for the month of July 2022. (List current assets in order of liquidity) ORIOLE DELIVERY SERVICE Balance Sheet July 31, 2022 Assets Current Assets Cash 12224 Accounts Receivable 15200 Prepaid Insurance 3800 Current Assets 31224 Equipment 59520 Total Assets 90744 Liabilities and Stockholders' Equity Qurrent Liabilities Accounts Payable 10200 Salaries and Wages Payable 920 Current Liabilities 11120 Notes Payable 29950 Total Liabilities 41070 Stockholders Equity Common Stock 40160 Retained Earnings 9814 Total Stockholders' Equity 49974 Total abilities and Stockholders' Equity P06