1 of 2 (0 complete) 018, follows ded December 31, 2018. (f a box is not used in the statement, leave the box empty; do not select a label o Requirements 1. Prepare the company's income statement for the year ended December 31, 2018. 2. Prepare the company's statement of retained earnings for the year ended December 31, 2018. 3. Prepare the company's classified balance sheet in report form at December 31, 2018. 4. Journalize the closing entries for Bradford Irrigation System 5. Compute the companys current ratio at December 31,2018. At December 31, 2017, the current ratio was 2.5. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Print Done click Check Answer Clear All Score: 0 of 10 pts 30 98 1 of 2 (0 complete) er 31,2 Data Table Bradford Irrigation System Adjusted Trial Balance December 31, 2018 year en t a label or Balance Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Debit Credit $15,600 49,200 28,200 6,000 55,200 Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock 24,300 26,000 6,600 39,900 400 3,600 1,100 35,900 16,000 and then Print Done MacBook Air leta G trans 1 ethyl 2 X G hexylamine str x Homework.aspx?homeworkld-518763280&questionld-1&flushed-true&cld-5388867¢erwin-yes 1 of 2 (0 complete) ber 31, 2 Data Table 26,000 eyear end t a label or en Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings 6,600 39,900 400 3,600 1,100 16,000 4,000 2,400 Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense 75,800 1,200 16,900 1,600 2,800 2,100 s 207,600207,60 Total s and then Print Done 1 of 2 (0 complete) 018, follows ded December 31, 2018. (f a box is not used in the statement, leave the box empty; do not select a label o Requirements 1. Prepare the company's income statement for the year ended December 31, 2018. 2. Prepare the company's statement of retained earnings for the year ended December 31, 2018. 3. Prepare the company's classified balance sheet in report form at December 31, 2018. 4. Journalize the closing entries for Bradford Irrigation System 5. Compute the companys current ratio at December 31,2018. At December 31, 2017, the current ratio was 2.5. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Print Done click Check Answer Clear All Score: 0 of 10 pts 30 98 1 of 2 (0 complete) er 31,2 Data Table Bradford Irrigation System Adjusted Trial Balance December 31, 2018 year en t a label or Balance Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Debit Credit $15,600 49,200 28,200 6,000 55,200 Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock 24,300 26,000 6,600 39,900 400 3,600 1,100 35,900 16,000 and then Print Done MacBook Air leta G trans 1 ethyl 2 X G hexylamine str x Homework.aspx?homeworkld-518763280&questionld-1&flushed-true&cld-5388867¢erwin-yes 1 of 2 (0 complete) ber 31, 2 Data Table 26,000 eyear end t a label or en Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings 6,600 39,900 400 3,600 1,100 16,000 4,000 2,400 Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense 75,800 1,200 16,900 1,600 2,800 2,100 s 207,600207,60 Total s and then Print Done