Marty's Bowling alleys adjusted trail balance as of dec 31, 2024:

(Click the icon to view the adjusted trial balance.) Close Income Summary. Marty's Bowling Alley's adjusted trial balance as of December 31, 2024, is presented below: (Click the icon to view the adjusted trial balance.) Requirement 3, Compule the current ratio for Marty's Bowling Alley. Select the labels, enter the amounts, then compute the current ratio: (Round unu - nunner to two decimal places ) Data table Marty's Bowing Alley's acfusted trial balance as of December 31, 2024, is presented below: Click the icon to view the adjusted tral balance.) Requirement 1. Prepare the closing entries for Marty's Bowing Alley. (Record debits first, then credits, Select the explanation on the last line of the journal entry table.) Start by closing revenues. Gose expenses for the period. Data table