1. Ndousted trini Doiarce \begin{tabular}{|c|c|c|c|c|} \hline \\ \hline \multirow[b]{2}{*}{ Aecount Trite } & & \multicolumn{3}{|c|}{ Dalance } \\ \hline & & \multicolumn{2}{|r|}{ Dobit } & \multirow[t]{2}{*}{ Credi } \\ \hline Cash & & 3 & 19,560 & \\ \hline Accounts Receivable: & & \multicolumn{2}{|r|}{2,400} & \\ \hline Supples & & & \\ \hline Frepald inverioes & & \multicolumn{2}{|r|}{2,000} & \\ \hline Land & & \multicolumn{2}{|r|}{30,000} & \\ \hline Balling & & \multicolumn{2}{|r|}{110.000} & \\ \hline \multicolumn{2}{|c|}{ Acoumilated Desorecietsen-Dulding } & & 1 & 5,600 \\ \hline Equismert. & & \multicolumn{2}{|r|}{42,000} & \\ \hline \multicolumn{2}{|c|}{ Acoumulated Depresiabion-Eesipment } & & & 19,000 \\ \hline \multicolumn{2}{|l|}{ Acceunts Peratie } & & & 1500 \\ \hline \multicolumn{2}{|l|}{ Uusies Peyahie } & & & 710 \\ \hline \multicolumn{2}{|l|}{ Selaries Payable } & & & 3000 \\ \hline \multicolumn{2}{|l|}{ Unewned Aeverwe } & & & 000 \\ \hline \multicolumn{2}{|l|}{ Cemmon Stock : } & & & 101,000 \\ \hline \multicolumn{2}{|l|}{ fatained fowings: } & & & 64.500 \\ \hline \multicolumn{2}{|l|}{ Dividente } & & 21,000 & \\ \hline \multicolumn{2}{|l|}{ Serviee Merenue } & & & thsogo \\ \hline \multicolumn{2}{|l|}{ Meremse frpente } & & 24,000 & \\ \hline \multicolumn{2}{|l|}{ Swartes Eapenes } & & 32,000 & \\ \hline \multicolumn{2}{|l|}{ Swedies Expest } & & 1,000 & \\ \hline \multicolumn{2}{|l|}{ Uaies f :penas } & & 26000 & \\ \hline \multicolumn{2}{|c|}{ Depreciatien Expanse - touproent } & & 8,000 & \\ \hline \multicolumn{2}{|c|}{ Depreciation Expense-Budiding: } & & 350 & \\ \hline \multicolumn{2}{|l|}{ nitul } & 1 & 202,100 i & \\ \hline \end{tabular} Requirement 3. Compute the current ratio for Mike's Bowling Alley. Select the labels, enter the amounts, then compute the current ratio. (Round your answer to two decimal places.) Mike's Bowling Alloy's adjusted trial balance as of December 31, 2025, is presented below Yiew the adiusted trial balance.? Read the requirements: Requirement 1. Propare the closing entres for Mikes Bowling Alloy. (Record debits first, then credia. Solect the explanation on the last line of the joumal entry table. Start by closing revenues. Lase expenses for the poriod. Close income Summary Close Dividends