Question: Using the completed worksheet attached, prepare the following for Take A Trip Travel Agency for the year ended August 31, 2022. The owner, Lina Ho,

Using the completed worksheet attached, prepare the following for Take A Trip Travel Agency for the year ended August 31, 2022. The owner, Lina Ho, invested $1,500 cash during the year. The notes receivable will be collected on September 2023. Also, a $10,000 payment on the long-term notes payable will be made in August 1, 2023. Prepare the following for Take A Trip Travel Agency on the attached papers: 1. Income Statement for the year ended August 31, 2022 (8 marks) 2. Statement of Change in Owner's Equity for the year ended August 31, 2022 (6 marks) 3. Classified Balance Sheet as at August 31, 2022 (12 marks) 4. Calculate the Debt to Equity Ratio at August 31, 2022. Round to two decimal place. (marks)

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