Question
Use the following information to compute the debt ratio. Assume that the list includes all liability and equity items. Accrued Income Taxes Payable $ 9,000
Use the following information to compute the debt ratio. Assume that the list includes all liability and equity items.
| Accrued Income Taxes Payable | $ 9,000 |
| Notes Payable (due in 14 months) | 1,100 |
| Paid-In Capital | 1,750 |
| Treasury Stock | 400 |
| Current Portion of Long-Term Debt | 10,000 |
| Unearned Revenue | 250 |
| Accounts Payable | 700 |
| Retained Earnings | 1,000 |
| Additional Paid-In Capital | 4,000 |
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Total liabilities Accrued Income Taxes Payable Notes Payable due in 14 monthsCurrent ...
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
19th edition
1133957919, 978-1285632988, 1285632982, 978-0357691229, 978-1133957911
