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Required: Fill in the blanks of the following questions 2. What is the Profit Margin Ratio? Malikhain Company Adjusted Trial Balance (In 000's) December 31,
Required: Fill in the blanks of the following questions
2. What is the Profit Margin Ratio?
Malikhain Company Adjusted Trial Balance (In 000's) December 31, 2019 Cash on hand Accounts receivable, net Merchandise Inventory Supplies Prepaid Rent Equipment Accumulated Depreciation - Equipment Furniture and Fixtures Accumulated Depreciation - F&F Accounts Payable Accrued Payable Loans Payable Ms. Malikhain, Capital Ma. Malikhain, Drawing Sales Cost of Goods Sold Freight out Salaries expense Rent expense Utilities expense Depreciation expense Bad depte expense Debit 620 380 840 30 45 590 280 80 3,400 230 885 120 245 65 7.825 Credit 80 75 480 60 710 1,320 5,100 7.825Step by Step Solution
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