The adjusted trial balance of Bradley Irrigation System at December 31, 2018, follows:

The adjusted balance of Brabey nigation System December 11, 2018 convence Redirement Prepare the company's come statement for the year ended December 31.2018. (Food te meter meter User sig oprettet i showares Bradleying System Income Year Ended December 31, 2018 III Nelcome Requirement 2. Prepare the company's statemente de forme parede December 31, 2018 Enter you are as prior to sublat and any does toured carmines w The substan. Indey Ingston of Retained in Year Ended December 31, 2018 Red Eary 2018 Red meg December 2010 Requirement 3. Prepare the company's classified balance sheet in report form at December 31, 2018. ( a box is not used in the balance sheet, leave the box empty, do not select a label or enter a zero.) Bradley Irrigation System Balance Sheet December 31, 2018 Assets Less Less M Liabilities Liabilities Stockholders' Equity Requirement 4. Journalize the closing entries for Bradley Irrigation System. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues Date Accounts and explanation Debit Credit Dec. 31 Clos. (1) Close expenses for the period Date Accounts and Explanation Debit Credit Dec. 31 Clos (2) Close Income Summary Accounts and Explanation Debit Credit Date Dec 31 Clos (3) Accounts and Explanation Debit Crede Close Dividends Date Dec 31 Clos (4) Requirements. Compute the company cunor ratio at December 31, 2016. A. December 31, 2017, the current ratio wa 2.3. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Select the label then enter the amounts and compute the current ratio. (Round your answer to two decimal place) Current ratio Since the current ratio was 2.3 one year ago, Bradley's ability to pay its current abilities has deteriorated 3. Did the company's ability to pay debts improve or deteriorate, or did it remain the same? Requirements. Compute the company's current ratio at December 31, 2018. At December Select the labels then enter the amounts and compute the current ratio (Round your answer Currentie Improved remained the same Since the current ratio was 2.3 one year ago, Bradley's ability to pay its current liabilities has [ Data table Bradley Irrigation System Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash 12,000 Accounts Receivable 49,200 Office Supplies 19,300 Prepaid Insurance 5,000 Building 57,400 Accumulated Depreciation-Building $ 24,900 Equipment 21,000 Accumulated Depreciation Equipment 6,400 Accounts Payable 38,500 Interest Payable 2,000 Salaries Payable 2,700 Unearned Revenue 1,800 Notes Payable (long-term) 12,100 Print Done 1 Data table 21,000 6,400 38,500 2,000 2,700 1,800 12,100 Equipment Accumulated Depreciation Equipment Accounts Payable Interest Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Depreciation Expense--Equipment Depreciation Expense-Building 22,000 24,000 3,200 56,500 500 16,600 1,200 2,000 2,300 1,200 190,900 $ Total 190,900 Print Done