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Pioneer's adjusted trial balance as of December 31, 2018 is given below: Credit Cash Accounts Fleceivable Prepaid Rent Prepaid Insurance Office Supplies Land Building Accumulated

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Pioneer's adjusted trial balance as of December 31, 2018 is given below: Credit Cash Accounts Fleceivable Prepaid Rent Prepaid Insurance Office Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation Equipment Debit $12,000 11,000 8,000 2,100 3,000 44,000 50,000 $10,000 34,000 7,600 O A. 2.18 B. 7.33 O c. 1.83 OD. 2.87 50,000 $10,000 34,000 Building Accumulated Depreciation Building Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Interest Payable Mortgage Payable (long term) Pioneer, Capital Pioneer, Withdrawals Service Revenue Salaries Expense Insurance Expense 7,600 5,500 4,200 2,900 6,000 11,500 16,700 241,300 42,500 5,000 A. 2.18 B. 7.33 C. 1.83 D. 2.87 16,700 241,300 Pioneer, Withdrawals Service Revenue Salaries Expense Insurance Expense Rent Expense Utilities Expense Advertising Expense Depreciation Expense Building Depreciation Expense Equipment Supplies Expense Total 42,500 5,000 13,500 18,000 9,900 10,900 7,200 1,200 $289,000 $289,000 Compute the current ratio. (Round your answer to two decimal places.) O A. 2.18 B. 7.33 OC 1.83 D. 2.87

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