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This is incorrect please tell me where I am going wrong. I added assets as: accounts receivable, cash, building, office supplies, prepaid insurance. & liabilities
This is incorrect please tell me where I am going wrong. I added assets as: accounts receivable, cash, building, office supplies, prepaid insurance.
& liabilities as: accounts payable, long term notes payable, unearned service revenue.
$19,500 $32,500 Accounts receivable Long-term notes payable Office supplies Prepaid insurance Unearned services revenue Accounts payable Buildings 15,900 59,000 9,900 4,400 3,560 3,800 Cash Compute Chavez Company's current ratio using the above information. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current assets Current liabilities Current ratio $ 96,360 / 52,200 1.85Step by Step Solution
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