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1. Prepare the classified balance sheet of Chris O'Donovan Dance Studio Company at August 31,2024 . Use the report form. You must compute the ending

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1. Prepare the classified balance sheet of Chris O'Donovan Dance Studio Company at August 31,2024 . Use the report form. You must compute the ending balance of Retained Earnings. 2. Compute O'Donovan's current ratio at August 31,2024. One year ago, the current ratio was 1.33 . Indicate whether O'Donovan's ability to pay current debts has impraved, deteriorated, or remained the same. Requirement 1. Prepare the classified balance sheot of Chris ODonovan Dance Studio Company at August 31, 2024. Use the report form. You must computo the ending balance of Retained Eamings. Begin by preparing the asset section of the balance sheet, then prepare the liabiltios soction and finally the stockholders' equity secticn. 1. Prepare the classified balance sheet of Chris O'Donovan Dance Studio Company at August 31,2024 . Use the report form. You must compute the ending balance of Retained Earnings. 2. Compute O'Donovan's current ratio at August 31,2024. One year ago, the current ratio was 1.33 . Indicate whether O'Donovan's ability to pay current debts has impraved, deteriorated, or remained the same. Requirement 1. Prepare the classified balance sheot of Chris ODonovan Dance Studio Company at August 31, 2024. Use the report form. You must computo the ending balance of Retained Eamings. Begin by preparing the asset section of the balance sheet, then prepare the liabiltios soction and finally the stockholders' equity secticn

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