Adiusted Trial Balance December 31, 2018 Balance Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Debit Credit 43,700 46,800 13,100 4,400 55,600 24,700 21,000 6,600 39,700 800 Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends 3,400 1,100 36,000 10,000 30,000 3,000 Service Revenue 59,500 Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense-Equipment Depreciation Expense-Building Total 1,500 17,000 1,000 800 2,000 1,900 $211,800 $ 211,800 A company has the following adjusted trial balance on December 31, 2018: Click the icon to view the adjusted trial balance.) Requirement 1. Assume that the company prepared all applicable closing entries. Present the third one below. (Select the explanation on the last line of the entry table.) Date Accounts and Explanation Debit Credit Dec. 31 Clos.(3) Requirement 2. Determine the company's current ratio on December 31, 2018. (Round your answer to two decimal places.) Current ratio Choose from any list or enter any number in the input fields and then click Check