Question 6

The following is the Alpha Dog Company adjusted Trail Balance.

Alpha Dog Company

Adjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

Accounts Receivable

168,700

Supplies

30,255

Stock Investment

159,000

Equipment

295,285

Accumulated Depreciation

$235,760

Accounts Payable

38,555

Wages Payable

27,000

Capital Stock

205,000

Retained Earnings

146,145

Service Revenue

902,105

Interest Income

1,500

Rent Expense

63,500

Wages Expense

539,260

Supplies Expense

42,520

Depreciation Expense

164,095

Dividends

5,000

_________

Totals

$1,556,065

$1,556,065

What are the dollar values that will appear in Alpha Dog Company's year end financial statements for the following line items: (For any negative dollar value the number must be enclosed in brackets and do not use a minus sign.)

1. Total Current Assets

2. Total Long Term Investments

3. Total Assets

4. Total Liabilities

5. Total Equity

Question 7

The following is the Devil Dog Company adjusted Trail Balance.

Devil Dog Company

Adjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

Accounts Receivable

181,860

Supplies

36,255

Stock Investment

130,500

Equipment

295,285

Accumulated Depreciation

$236,260

Accounts Payable

47,555

Wages Payable

35,000

Capital Stock

195,000

Retained Earnings

136,145

Service Revenue

898,105

Interest Income

1,500

Rent Expense

66,000

Wages Expense

537,260

Supplies Expense

42,520

Depreciation Expense

164,595

Dividends

6,840

________

Totals

$1,549,565

$1,549,565

What are Devil Dog Company's ratios for the following: (Round all non dollar value ratios to one decimal place. Do not enter the ":1" notation in the answer box. For dollar value ratios enter the dollar sign followed by the whole dollar amount. Any negative dollar value the number must be enclosed in brackets anddo not usea minus sign.)

1. Current Ratio

2. Quick Ratio

3. Working Capital

Question 6 The following is the Alpha Dog Company adjusted Trail Balance. Alpha Dog Company Adjusted Trial Balance December 31, 2016 Account Title Debit Cash $88,450 Accounts Receivable 168,700 Supplies 30,255 Stock Investment 159,000 Equipment 295,285 Accumulated Depreciation Credit $235,760 Accounts Payable 38,555 Wages Payable 27,000 Capital Stock 205,000 Retained Earnings 146,145 Service Revenue 902,105 Interest Income Rent Expense Wages Expense Supplies Expense Depreciation Expense Dividends Totals 1,500 63,500 539,260 42,520 164,095 5,000 _________ $1,556,065 $1,556,065 What are the dollar values that will appear in Alpha Dog Company's year end financial statements for the following line items: (For any negative dollar value the number must be enclosed in brackets and do not use a minus sign.) 1. Total Current Assets 2. Total Long Term Investments 3. Total Assets 4. Total Liabilities 5. Total Equity Question 7 The following is the Devil Dog Company adjusted Trail Balance. Devil Dog Company Adjusted Trial Balance December 31, 2016 Account Title Debit Cash $88,450 Accounts Receivable 181,860 Supplies 36,255 Stock Investment 130,500 Equipment 295,285 Accumulated Depreciation Credit $236,260 Accounts Payable 47,555 Wages Payable 35,000 Capital Stock 195,000 Retained Earnings 136,145 Service Revenue 898,105 Interest Income Rent Expense 1,500 66,000 Wages Expense 537,260 Supplies Expense 42,520 Depreciation Expense Dividends Totals 164,595 6,840 ________ $1,549,565 $1,549,565 What are Devil Dog Company's ratios for the following: (Round all non dollar value ratios to one decimal place. Do not enter the ":1" notation in the answer box. For dollar value ratios enter the dollar sign followed by the whole dollar amount. Any negative dollar value the number must be enclosed in brackets and do not use a minus sign.) 1. Current Ratio 2. Quick Ratio 3. Working Capital