Question: Data table Requirements 1. Prepare the income statement for the month ended July 31,2024. 2. Prepare the statement of retained earnings for the month ended

 Data table Requirements 1. Prepare the income statement for the month
ended July 31,2024. 2. Prepare the statement of retained earnings for the

Data table Requirements 1. Prepare the income statement for the month ended July 31,2024. 2. Prepare the statement of retained earnings for the month ended July 31 , 2024. The beginning balance of retained earnings was $0. 3. Prepare the balance sheet as of July 31,2024. 4. Calculate the debt ratio as of July 31,2024

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