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Based on the Adjusted Trial Balance at December 31, 2020 below match the correct answer to the questions asked. ADJUSTED TRIAL BALANCE AT DECEMBER 31,

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Based on the Adjusted Trial Balance at December 31, 2020 below match the correct answer to the questions asked. ADJUSTED TRIAL BALANCE AT DECEMBER 31, 2020 ACCOUNT TITLES DEBIT ($) CREDIT ($) 60,000.00 31,100.00 28,200.00 3,500.00 205,500.00 Accumulated depreciation - Vehicles Accounts Payable Accounts Receivable Advertising Expense Capital - Torr Tait Cash Depreciation - Vehicles Insurance Expense Interest Expense Interest Payable Internet Expense Land Meals and Entertainment Expense Notes Payable ** Notes Receivable * Rent Revenue Supplies Expense Telephone Expense 56,820.00 7,200.00 1,200.00 400.00 400.00 1.160.00 180,000.00 2,500.00 20,000.00 2,500.00 28,000.00 9,000.00 1.120.00 56,820.00 7,200.00 1,200.00 400,00 400.00 1,160.00 180,000.00 2,500.00 20,000.00 2,500.00 Cash Depreciation Vehicles Insurance Expense Interest Expense Interest Payable Internet Expense Land Meals and Entertainment Expense Notes Payable ** Notes Receivable Rent Revenue Supplies Expense Telephone Expense Towing Service Revenue Supplies Unearned Revenue Utilities Expense Vehicles Wage Expense Wages Payable Withdrawals - Torr Tait 28,000.00 9,000.00 1.120.00 143,500.00 9,000.00 1.400.00 10,800.00 66,000.00 121.750.00 14,250.00 3,000.00 Totals 504,150.00 504,150.00 The notes receivable will be collected on July 1 2021 A $10,000 payment on the long-term notes payable will be made in October 2023 Choose... What is the current ratio for this company? Under which section of the balance sheet will the Notes Receivable appear? Choose... What amount will be recorded to the Non-Current Liabilites for Notes Payable? Choose... P What is the net book value of the vehicles? Choose... Where on the balance sheet will withdrawals be recorded. 1 Choose... Next page ratio for this Choose... company? Under which Choose... section of the Equity section balance sheet will Current Assets the Notes Receivable appear? $65,750 1.69 $6,000 What amount will be recorded to the Non-Current Liabilites for Notes Payable? $66,000 N/A - not recorded on the Balance Sheet $20,000 What is the net book value of the vehicles? 1.65 $10,000 Where on the balance sheet will withdrawals be recorded. 1.99 SO Non-current Investments 1.40 $6T 150 ge

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