The following unadjusted trial balance is prepared at fiscal yearend for Nelson Company. Nelson Company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation ExpenseStore Equipment, Sales Salaries Expense, Rent ExpenseSelling Space, Store Supplies Expense, and Advertising Expense. It categorizes the remaining expenses as general and administrative.

NELSON COMPANY

Unadjusted Trial Balance

January

Debit Credit

Cash                                                                     $

Merchandise inventory                                       

Store supplies                                                       

Prepaid insurance                                               

Store equipment

Accumulated depreciationStore equipment  $

Accounts payable

Common stock

Retained earnings

Dividends                                                              

Sales                                                                      

Sales discounts

Sales returns and allowances                           

Cost of goods sold

Depreciation expenseStore equipment          

Sales salaries expense

Office salaries expense                                      

Insurance expense                                                

Rent expenseSelling space                                

Rent expenseOffice space                                 

Store supplies expense                                       

Advertising expense

Totals                                                                    $ $

Additional Information:

Store supplies still available at fiscal yearend amount to $

Expired insurance, an administrative expense, is $ for the fiscal year.

Depreciation expense on store equipment, a selling expense, is $ for the fiscal year.

To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $ of inventory is still available at fiscal yearend.

Compute the current ratio, acidtest ratio, and gross margin ratio as of January

Note: Round your answers to decimal places.