Question: On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the company's records

On July 1, 2023, Academic Learning Services entered its second month of operations. On July 31, 2023, Breanne Allarie, the owner, finalized the company'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 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutors' wages expense Utilities expense ACADEMIC LEARNING SERVICES Statement of Changes in Equity For Month Ended July 31, 2023 Breanne Allarie, capital, July 1 Total *Hint The ending capital balance for one period is the beginning capital balance for the next period. Use the above information to prepare a July statement of changes in equity for Academic Learning Services. (Enter all values as positive.) Breanne Allarie, capital, July 31 $ 2,800 4,600 $ 4,200 4,800 4,400 17,800 5,100 3,800 3,600 2,320 560 6,800 1,800 940 0 0
 On July 1, 2023, Academic Learning Services entered its second month

On July 1, 2023, Academic Learning Services entered its second month of operations, On July 31, 2023, Breanne Allarie, the owner, finalized the company's records that showed the following items: - Hint The ending capital baiance for one period is the beginning capital balance for the next period. Use the above information to prepare a July statement of changes in equity for Academic Learning Services: (Enter all values as positive.)

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