Jio 12:00 AM 90% Dane mime-attachment.pdf Problem 412A Preparing a classified balance sheet 106 CHECK OURESC552077525996,400 An alphabetical list of the weilances for North Country Renter few year of open wonding March 2006. hrv clow 5.000 100 1.300 2.000 000 100 1.000 ce 10.30 00 10.000 2000 100 100 100 100 1. Calculate the capital balance as wallpear on the March 2002, bolesheet 2. Prepare a classified bulance sheet. Assume that 5215,000 of the Long Term Notes able will be puid during the year ended Max 312031. Ah, 355.600 of the sole recevable will be collected by March 1.3021 3. Calculuse the contrato sad the debt to quity ratio croond to decimal place Anubis Campos North Country on justed balance in the Land Notes Payable count of 52.000 at March 23 view the balance sheet and make a mi what the 2.000 mocy for by North Country Explain whether or ethis sidered a good one of bowed tandsand why Problem 4-12A Preparing a classified balance sheet LO6,7 CHECK FIGURES:t Capital - $520775.2. Totalanes-295.400 An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of oper ations ending March 31, 2020. is shown below 294 CHAPTER 4 Completing the Accounting and cosyg kecounts A Accu Baca Account Account Accm bude Accum depreciation Advegem 2.000 1500 200 3.000 1000 17.000 Can Depren per 10:20 rest re Janine Land 2.000 Neue 2023 One Oo Ottoposer Pred over 100 100 600 Stores EST Wyn North wyer, who was 20.000 Required 1. Calculate the capital balance as it would appear on the March 31, 2020. balance sheet 2. Prepare a classified balance sheet. Assume that 5215,000 of the Long-Term Nones Payable will be paid during the year-ended March 31, 2021. Also$55.000 of the notes recetable sill be collected by March 31, 2021 3. Calculate the current ratio and the debt te equity ratio (round to two decimal places Analysis Component: North Country shows an adjusted balance in the Long Term Palace of 5362,000 at March 31.2020. Review the balance sheet just prepared and make a beam about what the 5362.000 was most logically used for by North Country Explain whether or not this is generally con sidered a good use of borrowed funds and why Jio 12:00 AM 90% Dane mime-attachment.pdf Problem 412A Preparing a classified balance sheet 106 CHECK OURESC552077525996,400 An alphabetical list of the weilances for North Country Renter few year of open wonding March 2006. hrv clow 5.000 100 1.300 2.000 000 100 1.000 ce 10.30 00 10.000 2000 100 100 100 100 1. Calculate the capital balance as wallpear on the March 2002, bolesheet 2. Prepare a classified bulance sheet. Assume that 5215,000 of the Long Term Notes able will be puid during the year ended Max 312031. Ah, 355.600 of the sole recevable will be collected by March 1.3021 3. Calculuse the contrato sad the debt to quity ratio croond to decimal place Anubis Campos North Country on justed balance in the Land Notes Payable count of 52.000 at March 23 view the balance sheet and make a mi what the 2.000 mocy for by North Country Explain whether or ethis sidered a good one of bowed tandsand why Problem 4-12A Preparing a classified balance sheet LO6,7 CHECK FIGURES:t Capital - $520775.2. Totalanes-295.400 An alphabetical list of the adjusted trial balance accounts for North Country Rentals after its first year of oper ations ending March 31, 2020. is shown below 294 CHAPTER 4 Completing the Accounting and cosyg kecounts A Accu Baca Account Account Accm bude Accum depreciation Advegem 2.000 1500 200 3.000 1000 17.000 Can Depren per 10:20 rest re Janine Land 2.000 Neue 2023 One Oo Ottoposer Pred over 100 100 600 Stores EST Wyn North wyer, who was 20.000 Required 1. Calculate the capital balance as it would appear on the March 31, 2020. balance sheet 2. Prepare a classified balance sheet. Assume that 5215,000 of the Long-Term Nones Payable will be paid during the year-ended March 31, 2021. Also$55.000 of the notes recetable sill be collected by March 31, 2021 3. Calculate the current ratio and the debt te equity ratio (round to two decimal places Analysis Component: North Country shows an adjusted balance in the Long Term Palace of 5362,000 at March 31.2020. Review the balance sheet just prepared and make a beam about what the 5362.000 was most logically used for by North Country Explain whether or not this is generally con sidered a good use of borrowed funds and why