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The trial balance as of July 31, 2024, for Sandra Sousa, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read
The trial balance as of July 31, 2024, for Sandra Sousa, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read the requiremenis. 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 emply, do not select a label or enter a zero.) Sandra Sousa, Reglared Delician Income statement Month Ended July 31, 2024 - X Data Table ave the box Sandra Sousa, Registered Dietician Trial Balance July 31, 2024 Balance Account Title Debit Credit Cash $ 39,000 Accounts Receivable 8,700 Office Supplies 1.100 2,800 Prepaid Insurance Equipment 21,000 $ FA 2,700 3,778 Sousa, Capital 32,000 r boxes. Enter 17.000 Accounts Payable Unearned Revenue Notes Payable Sousa, Capital Sousa, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense 2,000 21.922 2.300 400 100 $ Total 77,400 $ 77.400 Print Done The trial balance as of July 31, 2024, for Sandra Sousa, Registered Dietician, is presented below (Click the icon to view the trial balance.) Read the requirements. Net Income Requirement 2. Prepare the statement of owner's equity for the month ended July 31, 2024. The beginning balance of Sousa, Capital was $0 and the owner contributed $17,000 during the month Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Complete all answer boxes. Enter a "0" for any zero balances.) Sandra Sousa, Registered Dietician Statement of Owner's Equity Month Ended July 31, 2024 Sousa, Capital, July 1, 2024 Sousa, Capital, July 31, 2024 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.) Sandra Sousa, Registered Dietician Balance Sheet July 31, 2024 Assets Liabilities Owner's Equity 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. Debt ratio % Choose from any list or enter any number in the input fields and then continue to the next
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