The trial balance as of July 31, 2017, for Savannah Silversteen, Registered Dietician, is presented below: (Click the icon to view the trial balance.) Read the requirements Requirement 1. Prepare the income statement for the month ended July 31, 2017. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Requirements Savannah Silversteen, Registered Dietician Income Statement Month Ended July 31, 2017 1. Prepare the income statement for the month ended July 31, 2017. 2. Prepare the statement of owner's equity for the month ended July 31, 2017 The beginning balance of capital was $0 and the owner contributed $25,000 during the month 3. Prepare the balance sheet as of July 31, 2017. 4. Calculate the debt ratio as of July 31, 2017 Print Done Net Income Requirement 2. Prepare the statement of owner's equity for the month ended July 31, 2017. The beginning balance of capital was $0 and the owner contributed $25,000 during the month. (Complete all answer boxes. Enter a "0" for any zero balances. Use a minus sign or parentheses to show a decrease in capital.) Savannah Silversteen, Registered Dietician Statement of Owner's Equity Month Ended July 31, 2017 Silversteen, Capital, July 1, 2017 Requirement 3. Prepare the balance sheet as of July 31, 2017. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Savannah Silversteen, Registered Dietician Balance Sheet July 31, 2017 Assets Liabilities Owner's Equity Requirement 4. Calculate the debt ratio as of July 31, 2017. Select the debt ratio formula on the first line and then calculate the ratio. 1 Debt ratio 1 % The trial balance as of July 31, 2017, for Savannah Silversteen, Registered Dietician, is presented below: (Click the icon to view the trial balance.) Read the requirements Requirement 1. Prepare the income statement for the month ended July 31, 2017. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Requirements Savannah Silversteen, Registered Dietician Income Statement Month Ended July 31, 2017 1. Prepare the income statement for the month ended July 31, 2017. 2. Prepare the statement of owner's equity for the month ended July 31, 2017 The beginning balance of capital was $0 and the owner contributed $25,000 during the month 3. Prepare the balance sheet as of July 31, 2017. 4. Calculate the debt ratio as of July 31, 2017 Print Done Net Income Requirement 2. Prepare the statement of owner's equity for the month ended July 31, 2017. The beginning balance of capital was $0 and the owner contributed $25,000 during the month. (Complete all answer boxes. Enter a "0" for any zero balances. Use a minus sign or parentheses to show a decrease in capital.) Savannah Silversteen, Registered Dietician Statement of Owner's Equity Month Ended July 31, 2017 Silversteen, Capital, July 1, 2017 Requirement 3. Prepare the balance sheet as of July 31, 2017. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero.) Savannah Silversteen, Registered Dietician Balance Sheet July 31, 2017 Assets Liabilities Owner's Equity Requirement 4. Calculate the debt ratio as of July 31, 2017. Select the debt ratio formula on the first line and then calculate the ratio. 1 Debt ratio 1 %
