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Please help me find the current ratio and acid test ratio only Check my work mode : This shows what is correct or incorrect for
Please help me find the current ratio and acid test ratio only Check my work mode : This shows what is correct or incorrect for the work you have completed so far, It line tolowing intormation appies to the questions aispiayea below. The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. NELSON COMPANY Unadjusted Trial Balance anuary 31, 2017 t 2 of 2 Debit $ 1,000 12,500 5, 800 2,400 42,900 Cash Merchandise inventory Store supplie Prepaid insurance Store equipment Accumulated depreciation-store equipment 15,250 10,000 5,000 27,000 ccousts payable Common stock Retained earnings Dividends 2,200 111,950 Sales discoants Sales returns and allovances Cost ot goods sold 2.000 2,200 38,400 beprecist ion espense-store equipment 35,000 Rent expense 15.000 store supplies expen dvertising exponse notala Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Neison Company uses a perpetual inventory system K Prev 9 of 9 MacBook Air 3 5 6 8
Please help me find the current ratio and acid test ratio only
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