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Please correct my ajusted income statement and ajusted balance sheet and what else i need to put in and calculate the ratio of current assets
Please correct my ajusted income statement and ajusted balance sheet and what else i need to put in and calculate the ratio of current assets to current liabilities at the end of january
Assignments: ACG2021 CMB-18Spring 00108 During January 2018, the following transactions occur January 2 Purchase rental space for one year in advance, $11,400 ($950/month). January 9 Purchase additional supplies on account, $5,300. January13 Provide services to customers on account, $27,300. January17 Recelive cash in advance from customers for services to be provided in the future, $5,500 January20 Pay cash for salaries, $13,300 January22 Receive cash on accounts receivable, $25,900. January29 Pay cash on accounts payable, $5,800 The following information is available on January 31, 2018. a. Rent for the month of January has expired. b. Supplies remaining at the end of January total $4,600 c. By the end of January, $4,550 of services has been provided to customers who paid in advance on January 17 d. Unpaid salaries at the end of January are $4,540 View transaction list View journal entry worksheet 1Jan 02 Prepaid rent 11.400 11400 Cash 3 Jan 13 able Service revenue Cash s payable 5.600 1 ST-ans-toeferred revenue General Ledger Step by Step Solution
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