Question: On July 1, 2023, Academic Learning Services entered its second month of operations. On Julv 31. 2023, Breanne Allarie, the owner. finalized the companv's records
On July 1, 2023, Academic Learning Services entered its second month of operations. On Julv 31. 2023, Breanne Allarie, the owner. finalized the companv's records that showed the following items. Accounts payable Accounts receivable Cash Computer equipment Furniture Breanne Allarie, capital, June 30, 2023* Office rent expense Owner's investments during July 2023 Ownen's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors* wages expense Utilities expense $ 2,550 4,100 3,700 4,300 3,900 15,800 4,600 3,300 3,100 2,120 510 6,300 1,750 890 "Hint. The ending capital balance for one period is the beginning capital balance for the next period. Prepare a July 31 balance sheet for Academic Learning Services. ACADEMIC LEARNING SERVICES Balance Sheet Jul
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