1. Write the formula in words in cell F9.19 and N9 b. Based on the Entry Description, record the account debited and account credited for each of the ten entries (you do not need to use a formal General Journal) in columns Cand D. c. In the Original Ratio columns (columns F, J and N) you are given the beginning ratio of 314 which in decimals is 75 d. Calculate the new ratios assuming cach of the ten entries was for two dollars. . Determine whether the ratio increased decreased or stayed the same as a result of the transaction. Journal Entry Current Ratio Formula: P: Entry Description Account Debited Account Credited Original Current Ratio New Current Ratio Increase/Decre Calculations the same 0 PE M OF R 1 Bond Redemption 2 Purchase of short-term investment for cash 3 Issuance of long-term bonds 4 Incurrent advertising expense S Purchase of inventory for cash 6 Purchase of equipment with a 4-year note 7 Customer returned merchandise previously purchased from us. Sale of common stock 9 Refinance on a long-term basis some currently maturing debt 10 Payment of accounts payable 0,67 0.67 0.67 0.67 0.67 0.67 0.67 0,67 0.67 0.67 Profit Margin on Sales Return on Act Chriginal Original Marie New Profit Margie ure Dheere Return Mature Amet Sales Sales Caleat the same Ante Marie Claim There 67 67 0167 667 0.61 067 DAT 361 067 067 67