Prepare the following Ratios for January 2021: 1. Gross Margin Ratio Credits Debits 423,615.95 25,000. 100 g 15,000.00 7,200.00 8,000.C 500.00 1.600.0 375,000.a 500,000.0 72,000.C 70,000.00 17,500. 95,000. 15,800.0 65,000 30,000. 12,500 a 5.500.cc 325,000. 375,000. 10,500, Be Prepared Adjusted Trial Balance January 31, 2021 Account Account Descripti 1001 Cash $ 1021 Accounts Recenalk 1022 Mowance for Doubtful Ace 3027 Interest Receivable 1031 Notes Receivatk 1051 Merchandise Inventory 1101 Store Supple: 1111 Office Supplier 1125 Prepaid insurance 1401 Lane 1411 Building 1413 Accu Dep: Building 1431 Office Equipment 1432 Acum Dep: Office Calon 1453 Store Equipmen 1452 Accum Deps Store Equiome 2501 Patent 2001 Accounts Payable 2005 Income Taxes Payit 2031 Interest Payable 2101 Notes Payable long tem 2303 Bonds Payabk 2303 Discount on Bonds Payable 3003 Preferred Stod 3013 Common Stod 3101 Paldin Capital in Excess of par: Preto 3111 Paldin Capital in Excess of par: Gom 3121 Paldin Capital Treasury Stod 330% Retained Earning 3351 Treasury Stod 4001 Sales Revenu 4002 Sales Discount 400 Sales Returns & Allowances 4101 Interest Revenue 5001 Cost of Goods Sold 5010 insurance Expense - Genou 501 Repairstepen Office 5015 Depreciation Expense Building. Genoa SOX Depreciation Exp: Office 5021 Supplies pense Seling 502 Utes Expense: Olio SOX Office Salernstepens 503 Office Payroll Tax Expert 600 Depreciation Cape Stoele GOL Amortization Expenser Pat. Gened 6011 Sales Sales Expens ac Sales Payroll Tax Expene Utes Expense: Stoe 6025 Debvery Lepende Gene GOBC Repairs pence: Stor 604 Bad Debts Expense-Sel 7001 interest Expens 210,000.C 120,000. 61,250.00 295,000.00 90,000 a 850.OC 90,000, 275,575. 50 g 5,250.1 50. OC 125,500 a 500 0 2,100 CE 9,000. 2,500. 2,400.0 1,100.00 25,000 7,000 a Em 800.00 20,000.0 5.600 1,200. 1.500. 750.00 2,000 6,500.00 1900565 1. SM,565 Be Prepareding Balance Sheet December 31, 200 Ats 5 Cash Account Recebe Merchandisine Office Su einung Lane 25.0K 7. SOK 125, DOK 150,0K 157 OK Accumulated Depreciation, Open Accumulated Derection Office Lahti 24X Accounts Payable 40,00 Income Taxes 50,00 None Payale 1.5K Mortgage Pack 3,00 Total 125,00 400,00C Stockholders 163,00 Preferred Stod 70,00C Common Stock (15.00 Pau Captaice per Preferre 25, Pardin Cancer Como 115,00 Retained NK TotalStockhokerque CHI Totalls and techniky 5. Sok 11. OK 61, 2001,00% H.K 454 COX ZIK