The adjusted trial balance of Mike O'Daniel Dance Studio Company follows lok the icon to view to adjusted til balance Read the requirements Requirement 1. Prepare the chantied balance sheet of Mke Daniel Dance Studio Company August 31, 2024. Use the report form. You must complete antingence of Retained in Begin by preparing the asset section of the balance sheet, the prepare the obties mction and finally the stockholders' equity section Mie O'Daniel Dance Studio Company Balance Sheet August 31, 2024 Assets LE Choose from west or enterrumber in the not folds and then continue to medio The adjusted trial balance of Mike O'Daniel Dance Studio Company follows: Click the icon to view the adjusted trial balance Read the requirements Liables stockholders' Equity Hoquirement 2. Como Daniel's current ratio 1.2024. One year ago Was 1. te whether wey to pay outer Select the label the amounts and come the found your to vodom Choose from any list or any number in the input felds and then continue to mend question 0 Search or type URL c * OSC A % 9 0 8 $ 4 6 7 OP 2 5 3 P 1 P 0 U Y Y T E R Q W tab H . JK E G P The adjusted trance of a Daniel Dance Company los The tow the ans) Read the Stockholders' Equity Requirement Companies cum alios August 2004. One years, the current ratio was 58. Indio wherer Daniels bible y cute dos as more, tortor ne Select the write the amounts and come Tour Round your wertowe do Since the current wat 156 one year ago, the company produto Choose from any store any number in the input folds and then come to the next question Data Table follows: 900 Prepaid Rent 48,000 Equipment 6,000 Accumulated Depreciation-Equipment 4.300 Accounts Payable 1.000 Salaries Payable 4,200 Unearned Revenue 4,200 Notes Payable (long-term) 17,000 Common Stock 19.400 Retained Earnings 800 Dividends 17,100 Service Revenue 3,000 Salaries Expense 1,700 2024. One ya has improved Rent Expense 600 rent ratio. (Rou Depreciation Expense-Equipment 1.100 Supplies Expense 800 Utilities Expense $ 73,200 $ 73,200 Total 's ability to pay i alds and then co Print Done G Search or type URL $ % 1 & 4 5 6 7 8 9 UM WWW ME pany * Requirements X - 1. Prepare the classified balance sheet of Mike O'Daniel Dance Studio Company at August 31, 2024. Use the report form. You must compute the ending balance of Retained Earnings. 2. Compute O'Daniel's current ratio at August 31, 2024. One year ago, the current ratio was 1.58. Indicate whether O'Daniel's ability to pay current debts has improved, deteriorated, or remained the same. Print Done fields and then continue to the next question. 0 Data Table X Dance Studio Company follows: balance.) Mike O'Daniel Dance Studio Company WWU vor pupu Trial Balance nce Studio Company August 31, 2024 ce Sheet Balance +31, 2024 Account Title Debit Credit Cash $ 14,800 Office Supplies 1,500 900 Prepaid Rent 48,000 Equipment $ 6,000 Accumulated Depreciation Equipment 4,300 Accounts Payable 1.000 Salarles Payable 4,200 Unearned Revenue 4,200 Notes Payable (long-term) 17.000 Common Stock 19,400 Retained Earnings 800 Dividends Print Done aber in the input fields and then co Prepaid Rent 900 W www Equipment 48,000 el Dance Studio Company Accumulated Depreciation Equipment 6,000 Balance Sheet Accounts Payable 4.300 august 31, 2024 Salaries Payable 1,000 ts Unearned Revenue 4,200 Notes Payable (long-term) 4,200 Common Stock 17,000 Retained Earnings 19.400 Dividends 800 Service Revenue 17,100 Salaries Expense 3,000 Rent Expense 1,700 Depreciation Expense-Equipment 600 Supplies Expense 1,100 800 Utilities Expense bilities 73,200 S 73,200 Total Print Done my number in the input fields and then co