Score: 0 of 7 pts 2 of 6 (0 completo P3-62A (similar to) The adjusted bace for the year of Dreamer Corporation at October 31, 2018. Follow Click the icon to view the adjusted trial balance) Read the rest Income Statement Year Ended October 31, 2018 Requirements 1. Prepare Droomer Corporation's 2018 single step income statement statement of retained earnings, and balance sheet 2. Dreamer's lenders require that the company maintain a debt ratio no Higher than 0.50. Calculate Dreamer's debt rato at October 31, 2018. to determine whether the company is in compliance with this debt restriction. If not suggest a way that Dreamer could have avoided this difficut situation Income balotax Print Dond Choose from any let or error any number in the input field and then click Check Answer Arts 0 Data Table Dreamer Corporation Adjusted Trial Balance October 31, 2018 Account Debit Credit Cash 12,000 18,700 Accounts receivable 2,600 Igle 1,300 36,900 $ Supplies Prepaid rent Equipment Accumulated depreciation-equipment Accounts payable Interest payable Unearned service revenue Income tax payable Note payable 4,700 9,100 any b at ith th this 1,100 800 Done 2,900 19,000 Print Done counts payable 2,100 37,400 $ 4,700 8,800 Interest Income tax payable Note payable 19,100 Common... Data Table 1 at Oct 800 2,900 19,000 14,000 4,000 10,000 Unearned service revenue Income tax payable Note payable Common stock Retained earnings Dividends Service revenue Depreciation expense-equipment Salary expense Rent expense Interest expense Insurance expense Supplies expense 94,800 gle-step in 1,600 40,500 10,300 3,500 4,100 2,300 6,600 any maint b at Octobe ith this det this difficul Pone Income tax expense 150,400 $ 150,400 Total ut fields and Print Done ipment Accounts payable 2,100 37,400 S 4,700 8,800 Interest 300 7.399 Income tax payable Note payable 19,100 Common