Project 13

Please answer all questions and show all work. Thank you!

84 Project #13: Ratio Analysis Fido's Food Mart Adjusted Trial Balance December 31, 20XX Debits Credits Account Title Cash Accounts Receivable Less: Allowance for Doubtful Accounts Inventory Supplies Prepaid Insurance 56,996 9,512 1,260 20,390 650 320 30,550 12,250 Vehicle Less: Accumulated Depreciation - Equipment and Vehicle Accounts Payable Interest Payable Unearned Revenue (Gift Cards) Dividends Payable Bonds Payable (mature 12/31/XX) Common Stock (200 shares $210/share) Additional Paid In Capital- Common Stock Dividends Declared Treasury Stock Retained Earnings Sales Revenue Less: Sales Discount Cost of Goods Sold Operating Expenses Bad Debt Expense Bank Charges Depreciation Expense Insurance Expense Interest Expense Rent Expense Supplies Expense Wages Expense Totals 1,780 62,128 400 275 2,200 12,000 46,200 300 2,200 1,125 0 134,725 40 64,330 34,840 3,260 15 1,780 160 5,750 1,200 15,500 261,268 261,268