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Assets: table [ [ Cash , Short - Term Investments,Property and Equipment ] , [ Debit , Credit,Debit,Credit,Credit ] , [ , , 1
Assets: tableCashShortTerm Investments,Property and EquipmentDebitCredit,Debit,Credit,Credit Liabilities: tabletableNotes Payable currentDebitCredit Stockholders' Equity: Required: Using the data from the Taccounts given, complete the accounting equation on January of the current year. Prepare journal entries for transactions a through e for the current year. a Borrowed $ from a local bank, signing a note due in three years. b Sold $ of the investments for $ cash. c Sold onehalf of the property and equipment for $ in cash. d Declared $ in cash dividends to stockholders. e Paid dividends to stockholders. Enter the effects of the transactions in Requirement in the Taccounts. Prepare a trial balance at December Prepare a classified balance sheet at December of the current year. Calculate the current ratio at December of the current year. Complete this question by entering your answers in the tabs below. Using the data from the Taccounts given, complete the accounting equation on January of the current year. Assets Liabilities Stockholders' Equity
Assets:
tableCashShortTerm Investments,Property and EquipmentDebitCredit,Debit,Credit,Credit
Liabilities:
tabletableNotes Payable currentDebitCredit
Stockholders' Equity:
Required:
Using the data from the Taccounts given, complete the accounting equation on January of the current year.
Prepare journal entries for transactions a through e for the current year.
a Borrowed $ from a local bank, signing a note due in three years.
b Sold $ of the investments for $ cash.
c Sold onehalf of the property and equipment for $ in cash.
d Declared $ in cash dividends to stockholders.
e Paid dividends to stockholders.
Enter the effects of the transactions in Requirement in the Taccounts.
Prepare a trial balance at December
Prepare a classified balance sheet at December of the current year.
Calculate the current ratio at December of the current year.
Complete this question by entering your answers in the tabs below.
Using the data from the Taccounts given, complete the accounting equation on January of the current year.
Assets
Liabilities
Stockholders' Equity
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