Question: practic Carolina Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first year of business, which

practic Carolina Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first year of business, which ended on July 31, 2024: (Click the icon to view the multi-step income statement.) (Click the icon to view the accounts and balances.) Read the requirements from Requirement 1. Prepare Carolina Communications' statement of owner's equity for the year ended July 31, 2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1, 2023. (Enter a "0" for any zero balances. Include only applicable transactions during the period. Assume that the capital balance shown in the data provided represents the opening capital balance of the business for the year.) Carolina Communications Statement of Owner's Equity Year Ended July 31, 2024 Carolina, Capital, August 1, 2023 omics Carolina, Capital, July 31, 2024

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