4. Prepare a trial balance at July 31 . Include Retained Earnings on the balance sheet even though the account has a zero balance. 5. Prepare a classified balance sheet at July 31 . Include Retained Earnings on the balance sheet even though the account has a ze balance. Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1 : During the month of July, the company had the following activities: a. Issued 4,800 shares of common stock for $480.000 cash. b. Borrowed $50,000 cash from a local bank, payable in two years. c. Bought a bullding for $205,250; paid $53,250 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $256,000. e. Purchased supplies for $16,300 on account. Prepare a trial balance at July 31. Include Retained Earnings on the balance sheet even though the account has a zero balance