Question: Instructions Required: 1. Prepare an income statement for the Month Ended July 31, 20 Y2.: 2. Prepare a statement of owner's equity for the Month

 Instructions Required: 1. Prepare an income statement for the Month EndedJuly 31, 20 Y2.: 2. Prepare a statement of owner's equity for

Instructions Required: 1. Prepare an income statement for the Month Ended July 31, 20 Y2.: 2. Prepare a statement of owner's equity for the Month Ended July 31,20Y2. 3. Prepare a balance sheet as of July 31,20Y2.+ 4. Prepare a statement of cash flows for the month ending July 31,20Y2.

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