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QUESTION 21 Gear Shop purchased applies at a cost of $1.000 during the year. Atanary 1, the beginning balance in the Supplies account was $300.A1

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QUESTION 21 Gear Shop purchased applies at a cost of $1.000 during the year. Atanary 1, the beginning balance in the Supplies account was $300.A1 December 31. mupplies ou hand are $100. Determine supplies expense for the year. O a $1,400 b. 51.200 OC. 51.100 Od: 51.300 QUESTION 22 Which of the following ratios is least useful in evaluating a company's ability to pay its current debts as they become due? O a. Current ratio O b. Debt service coverage ratio O c Acid-test ratio Od Debt-to-equity ratio

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