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ed July 31, 2025 Unadjusted Trial Balanc Sharon Silver, Regist Unadjusted Tria July 31, 20 Account Title Cash Accounts Receivable

ed July 31, 2025 Unadjusted Trial Balanc Sharon Silver, Regist Unadjusted Tria July 31, 20 Account Title Cash Accounts Receivable

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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r The unadjusted trial balance as of July 31, 2025, for Sharon Silver, Registered Dietician, is presented below: View the unadjusted trial balance. Read the requirements. Requirement 1. Prepare the income statement for the month ended July 31, 2025. (If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Sharon Silver, Registered Dietician Income Statement Month Ended July 31, 2025 Expenses: Revenues: Total Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Ask my instructor Requirements 1. Prepare the income statement for the month ended July 31, 2025. 2. Prepare the statement of retained earnings for the month ended July 31, 2025. The beginning balance of retained earnings was $0. 3. Prepare the balance sheet as of July 31, 2025. 4. Calculate the debt ratio as of July 31, 2025. Print Done X Unadjusted Trial Balance Sharon Silver, Registered Dietician Unadjusted Trial Balance July 31, 2025 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Utilities Expense Total Debit Balance 35,000 9,800 1,900 2,600 22,000 2,900 1,800 700 200 76,900 $ Credit 1,600 9,615 28,000 25,000 12,685 76,900 X
Transcribed Image Text:r The unadjusted trial balance as of July 31, 2025, for Sharon Silver, Registered Dietician, is presented below: View the unadjusted trial balance. Read the requirements. Requirement 1. Prepare the income statement for the month ended July 31, 2025. (If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Sharon Silver, Registered Dietician Income Statement Month Ended July 31, 2025 Expenses: Revenues: Total Assets Total Expenses Total Liabilities Total Liabilities and Stockholders' Equity Ask my instructor Requirements 1. Prepare the income statement for the month ended July 31, 2025. 2. Prepare the statement of retained earnings for the month ended July 31, 2025. The beginning balance of retained earnings was $0. 3. Prepare the balance sheet as of July 31, 2025. 4. Calculate the debt ratio as of July 31, 2025. Print Done X Unadjusted Trial Balance Sharon Silver, Registered Dietician Unadjusted Trial Balance July 31, 2025 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Utilities Expense Total Debit Balance 35,000 9,800 1,900 2,600 22,000 2,900 1,800 700 200 76,900 $ Credit 1,600 9,615 28,000 25,000 12,685 76,900 X
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