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The trial balance as of July 31, 2024, for Sara Simon, Registered Dietician, is (Click the icon to view the trial balance.) Read the requirements.
The trial balance as of July 31, 2024, for Sara Simon, Registered Dietician, is (Click the icon to view the trial balance.) Read the requirements. Requirement 2. Prepare the statement or owners equity for the month ended contributed $18,000 during the month. Sara Simon, Registered Dietician Trial Balance July 31, 2024 Enter any increases in capital prior to the subtotal and any decreases to capit balances.) Balance Account Title Debit Credit Cash $ 38,000 9,000 Accounts Receivable 2,300 2,400 16,000 Sara Simon, Registered Dietician Statement of Owner's Equity Month Ended July 31, 2024 Simon, Capital, July 1, 2024 $ Owner contribution 18,000 Net income for the month 14,588 $ 32,588 Owner withdrawal (2,800) 29,788 Simon, Capital, July 31, 2024 Requirement 3. Prepare the balance sheet as of July 31, 2024. (If a box is ng zero.) $ 3,000 3,912 31,000 Office Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Simon, Capital Simon, Withdrawals Service Revenue Salaries Expense Rent Expense Utilities Expense 18,000 2,800 17,888 Sara Simon, Registered Dieticia Balance Sheet July 31, 2024 L $ 38,000 Accounts Payab 9,000 Unearned Rever 1,700 1,100 500 Assets $ Cash 73,800 $ 73,800 Total Print Done Accounts Receivable Office Supplies Prepaid Insurance Equipment 2,300 Notes Payable 2,400 Total Liabilities 16,000 Owner's Equity Simon, Capital, July 31, 2024 67,700 Total Liabilities and Owner's Equity $ 29,788 Total Assets $ $ 67,700 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 %
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