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in alphabetical list of the adjusted trial balance accounts for North country rentals after his first year of operation ended March 31, 2020 and is
in alphabetical list of the adjusted trial balance accounts for North country rentals after his first year of operation ended March 31, 2020 and is shown below
Account Accounts payable Accumulated depreciation, building Accumulated depreciation, furniture Advertising expense Building Cash Depreciation expense, building Depreciation expense, furniture Furniture Interest expense Interest payable Janitorial expense Land Long-term notes payable Notes receivable, due 2023 Office salaries expense Office supplies Office supplies expense Brand name Prepaid advertising Rent revenue Rent receivable Salaries payable utilities expense Wyett North, capital Wyett North, withdrawals Adjusted Account Balance $ 9,900 25,800 4,300 17 , 599,000 17,800 25, 800 4,300 44,400 10, 340 820 41,800 118,000 370,000 151,000 130,625 780 6,900 3,800 480 406,400 16,800 3,025 37,520 434,900 28.800 lance as it v Wyett North, capital NORTH COUNTRY RENTALS Balance Sheet March 31, 2020 Assets Current assets Total current assets $ Long-term investments, Property, plant and equipment: Building Furniture Furniture Total property, plant and equipment Intangible assets: $ 0 Total assets $ Liabilities Current liabilities: Total current liabilities Long-term liabilities $ 0 Total liabilities $ Equity Total liabilities and equity Current Ratio Debt to Equity Ratio assume all accounts have normal balances.
calculate the capital balance as it would appear on the March 31, 2020 balance sheet
prepare a classified balance sheet. Assume that $219,000 of the long term notes payable will be paid during the year ended March 31, 2021. Also $59,000 of the notes reseal will be collected by March 31, 2021
calculate the current ratio and the debt to equity ratio
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