An analysis of the transactions made by Dewey Cheatem & Co. a law firm for the month of July is shown below. Each increase and decrease in owner's equity is explained. 
Instructions
Prepare a balance sheet at July 31 2016.
Definitions:
Describing
The act of giving detailed information about the characteristics or qualities of something.
Courtship
Behavioral interactions between animals aimed at attracting a mate and leading to reproduction.
Peacock Spiders
A genus of spiders known for their colorful patterns and courtship dances, found primarily in Australia.
Systematics
The scientific study of the diversity of organisms and their evolutionary relationships.
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