Mulberry Legal Association performs legal services for Spence Construction for $3,000 on account with credit terms of 1/10,n/30. If Spence pays the invoice within the discount period, Mulberry will record a debit to Cash in the amount of A. $3,030 B. $30 C. $3,000 D. $2,970 On January 1 of the current year, Oliver Company paid $2,100 in rent to cover six months (January-June). Oliver recorded this transaction as follows: (Click the icon to view the journal entry.) Oliver adjusts the accounts at the end of each month. Based on these facts, the adjusting entry at the end of January should include A. a credit to Prepaid Rent for $350. B. a debit to Prepaid Rent for $1,750. Data table C. a credit to Prepaid Rent for $1,750. D. a debit to Prepaid Rent for $350. A company with net credit sales of $990,000, beginning net receivables of $100,000, and ending net receivables of $120,000, has days' sales outstanding closest to (Round interim calculations to two decimal places, XX.XX and the days' sales outstanding (DSO) to the nearest whole day.) A. 51 days. B. 41 days. C. 47 days. D. 44 days. Selected data for the Rubio Company follow: (Click the icon to view the data.) Based on these facts, what are Rubio's current ratio and debt ratio? (Ratios have been rounded to three decimal places.)