Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

-Please complete the ratios portion which is the picture on the right using the balance sheet on the left. Also, correct any number errors that

image text in transcribedimage text in transcribedimage text in transcribed

-Please complete the ratios portion which is the picture on the right using the balance sheet on the left. Also, correct any number errors that I may have made. Thanks and I will like.

What other information do you need?

Ok I just added the income statement.

D Assets Current Assets Cash 5 Accounts Receivable Allowance for Doubtful Accounts Net Receivable Prepaid insurance Prepaid Rent Supplies Inventory Total 5308,610.20 20,79400 1,05755 19,736,45 5,565.00 2.300.00 21168 00 402.00 338781 65 $ Long Term Assets Office Equipment Accum. Depr-Office Equip Net Office Equipment Computer Equipment Accum Depr-Computer Equip Net Computer Equipment Total Total Assets 65 600.00 168.13 5 22.500.00 $3.916 87 $ 1350000 67 416 87 406,198 52 Liabilities 3 Current Liabilities Accounts Payable Unearned Revenue Interest Payable Salaries and Wages Payable Income Taxes Payable Total 19.304.00 7 965.00 21.15 135000 8.837.99 5 37478.14 5 4.050 00 $ Long Term Liabilities Notes Payable Bond Payable Premium on Bond Payable Net Bond Payable Total Total Liabilities 100.000.00 12051.18 192 051.18 196, 101.18 233.57932 3 Stockholder's Equity 5 Pard-in Capital Common Stock Paid in Capital in Excess of Par Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity 87,500.00 3150000 53619 20 5 406. 1982 Income Statement Stockholders Equity Balance Sheet 19112 - Copaty Mode Page Layout formulas View Home XO how- for at -10 AA EE Tied A 3. Cum Cuma A Garrett 0 Account Rocco Air 500.000.00 $20.900 Age chce 15 Tural Torun Toit 20 Days wory 22 mart 234 9.00 2 Pro Morgan 15420 120 sha Foto Como Sexting 300.000 Shares ERER 35 come Statement Stock Chow Peste Type bere to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding And Auditing IT Systems Volume 1

Authors: Young-Woon Min

2nd Edition

978-1257124084

More Books

Students also viewed these Accounting questions

Question

I receive useful feedback about my performance.

Answered: 1 week ago

Question

I am encouraged to offer opinions/suggestions.

Answered: 1 week ago