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please type it $76,500 Accounts Payable Accounts Receivable Accumulated Depreciation Advances to Salespersons Advertising Expense Allowance for Bad Debts Bonds Payable Cash Certificates of Deposit
please type it $76,500 Accounts Payable Accounts Receivable Accumulated Depreciation Advances to Salespersons Advertising Expense Allowance for Bad Debts Bonds Payable Cash Certificates of Deposit Common Stock (par) Deferred Income Tax Liability Equipment Inventory $ 66,000 40,000 44,000 10,000 72,000 10,000 80,000 22,000 16,000 100,000 46,000 215,500 55,000 Investment in Rowe Oil Co. Stock (40% of outstanding stock owned for control purposes) Investment in Siebert Co. Stock (trading securities) Paid-in Capital in Excess of Par Premium on Bonds Payable Prepaid Insurance Rent Revenue Rent Revenue Received in Advance (four months) Retained Earnings Taxes Payable Tools 21,000 42,500 6,000 6,000 37,000 12,000 97,500 10,000 52,000 Instructions: 1. From the preceding list of accounts, determine working capital, total assets, total liabilities, and own- ers' equity per share of stock (75,000 shares outstanding). 2. Assume net income of $20,000. Compute current ratio, debt ratio, and return on equity
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