Question
The trial balance as of July 31, 2024, for Sally Simmons, Registered Dietician, is presented below: LOADING... (Click the icon to view the trial balance.)Read
The trial balance as of
July 31,
2024,
for
Sally Simmons, Registered Dietician,
is presented below:
LOADING...
(Click the icon to view the trial balance.)Read the requirements
LOADING...
.
Requirement 1. Prepare the income statement for the month ended
July 31,
2024.
(If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.)
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| Sally Simmons, Registered Dietician |
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| Income Statement |
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| Month Ended July 31, 2024 |
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| Net Income |
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Requirement 2. Prepare the statement of retained earnings for the month ended
July 31,
2024.
The beginning balance of retained earnings was $0. (Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. Enter a "0" for any zero balances.)
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| Sally Simmons, Registered Dietician |
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| Statement of Retained Earnings |
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| Month Ended July 31, 2024 |
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| Retained Earnings, July 1, 2024 |
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| Retained Earnings, July 31, 2024 |
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Requirement 3. Prepare the balance sheet as of
July 31,
2024.
(If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.)
| Sally Simmons, Registered Dietician | |||||
| Balance Sheet | |||||
| July 31, 2024 | |||||
| Assets | Liabilities | ||||
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| Stockholders' Equity | |||
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Requirement 4. Calculate the debt ratio as of
July 31,
2024.
Select the debt ratio formula on the first line and then calculate the ratio.
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Mastering The Five Tiers Of Audit Competency Internal Audit And IT Audit
Authors: Ann Butera
1st Edition
1498738494, 978-1498738491
