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2 A B C D E Unadjusted Trial Balance F G H J K L M N December 31, 2018 1 Account Title Debit
2 A B C D E Unadjusted Trial Balance F G H J K L M N December 31, 2018 1 Account Title Debit Credit 5 Cash $ 15,796 Use the current ratio to evaluate business performance: Explain the result of the Current Ratio. (5 pts) 5 Accounts Receivable 3,500 Office Supplies 2,596 3 Prepaid Rent 1,500 eBusiness Vehicle 18,000 o Accumulated Depreciation-Bus. Vehicle 2,598 1 Accounts Payable 4,623 2 Salaries Payable 5,000 Use the debt ratio to evaluate business performance: 3 Interest Payable 4 Unearned Revenue 5 Notes Payable 6 Macks, Capital 7 Macks, Withdrawals 8 Service Revenue 1,500 Explain the result of the Debt Ratio. (5 pts) 2,500 9,850 13,784 5,474 23,951 9 Salaries Expense 8,750 o Office Supplies Expense 1,512 1 Depreciation Expense-Business Vehicle 948 2 Rent Expense 4,460 3 Interest Expense 1,270 4 Total $ 63,806 $ 63,806 P
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