An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in retained earnings is explained. 
Instructions
Prepare a balance sheet at July 31, 2018.
Definitions:
Operating System
The fundamental software that manages hardware resources and provides common services for computer programs.
Home Operating
Home Operating often refers to the management and operation of smart home devices or systems, which allow for remote control and automation of household functions.
Modem/Router
A device that combines the functionalities of a modem and a router to connect computers to the internet and allow them to share the connection.
Home Network
A digital network within a household that connects devices such as computers, phones, and entertainment systems to each other and the internet.
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