Prepare the entry on June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually) (b) Prepare the adjusting entry on June 30. (Credit account titles are automatically indented when amount is entered. Do not indent manua (c) Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30 . (Credit Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30 . (Credit account titles ore outomatically indented when amount is entered, Do not indent manually) (d) What was the total financing cost (interest expense)? Concord Company provides you with the following balance sheet information as of December 31, 2022. In addition, Concord reported net income for 2022 of $15,500, income tax expense of $3,100, and interest expense of $1,500. (a) Compute the current ratio and working capital for Concord for 2022. (Round ratio to 2 decimal places, eg. 2.75:1. Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses eg. (45).) Current ratio 1 Working capital (b) Assume that at the end of 2022 , Concord used $2,950 cash to pay off $2,950 of accounts payable. How would the current ratio and working capital have changed? (Round ratio to 2 decimal places, eg. 2.75:1. Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Assume that at the end of 2022 , Concord used $2,950 cash to pay off $2,950 of accounts payable. How would the current ratio and working capital have changed? (Round ratio to 2 decimal ploces, es. 2.75:1. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Current ratio 1 Working capital (c) Compute the debt to assets ratio and the times interest earned ratio for Concord for 2022. (Round answers to 1 decimal place, es. 15.2 or 15.2%) Debt to assets ratio 8 Times interest earned ratio