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Just need some help on these last few parts please! I will rate! Many thanks and God bless! Homework: Chapter 4 Homework Save Score: 6.96
Just need some help on these last few parts please!
I will rate!
Many thanks and God bless!
Homework: Chapter 4 Homework Save Score: 6.96 of 10 pts 23 of 28 (22 complete) HW Score: 47.15%, 47.15 of 100 pt E4-18 (similar to) - X Question Help . Data Table The adjusted trial balance of Carrie O'Connell Dance Studio Company follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Carrie O'Connell Dance Studio Company Trial Balance $ 13,600 August 31, 2018 1.300 2,500 Balance Debit Credit Account Title $ 17,400 Cash S 13,600 Cash Prepaid Rent Office Supplies Total Current Assets Property, Plant, and Equipment: Equipment Less: Accumulated Depreciation-Equipment Total Property, Plant, and Equipment 2.500 1,300 50,000 (6,400) 50,000 Requirements - X 43,600 $ 6,400 $ 61,000 5,100 Total Assets Liabilities 900 5,100 Current Liabilities: Accounts Payable Salaries Payable 1. Prepare the classified balance sheet of Carrie O'Connell Dance Studio Company at August 31, 2018. Use the report form. You must compute the ending balance of Retained Earnings. 2. Compute O'Connell's current ratio at August 31, 2018. One year ago, the current ratio was 1.41. Indicate whether O'Connell's ability to pay current debts has improved, deteriorated, or remained the same. $ 5,100 4,500 Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense 900 5,100 15,000 Unearned Revenue 22,450 Total Current Liabilities $ 11,100 900 Print Done Long-Term Liabilities: 16.600 4,500 3,400 15,600 1,500 450 Notes Payable (long-term) Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity 15000 900 1,500 $ 76,050 $ 76,050 Total Total Liabilities and Stockholders' Equity Print Done Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All CheckStep by Step Solution
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