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Calculate the following ratios for Edna's Sewing Shop (ESS) Ltd. Complete the table below Edna's Sewing Shop (ESS) Ltd. Adjusted Trial Balance For the
Calculate the following ratios for Edna's Sewing Shop (ESS) Ltd. Complete the table below Edna's Sewing Shop (ESS) Ltd. Adjusted Trial Balance For the year ended September 30, 2022 Dr. Cr. Account name $13,150 Cosh Accounts receivable 4,150 1,900 Prepola insurance expense 7.500 Inventory 8,000 Sewing equipment Accumulated depreciation sewing equipment $2,250 Computer equipment 4.500 Accumulated depreciation-computer equipment 1,750 Accounts payable 2.500 Bank loan payable current 1,000 Uneamed revenue 2,000 Bank loan payable - long term 6.000 Retained earnings, Sept 30, 2021 5000 Common shares 14,250 Dividends 1,000 Sewing revenue 18.800 Advertising expense Interest expense 1,350 2,100 Insurance expense 2,300 Income tax expense 3.200 Depreciation expense - equipment 4.400 Total $53.550 $53.550
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