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This should be easy, what I am I not getting? What items are the current assets and liabilities to figure out the current ratio? 22.
This should be easy, what I am I not getting? What items are the current assets and liabilities to figure out the current ratio?
22. Benson Auto Repair has the following account balances at December 31, 2018, from its adjusted trial belance E (Cick the icon to view the account balances) Compute Banson Auto Repairs currant ratio Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places, xxx.) Totel current assets , Total cunrent liabilities Current ratio . Data Tablie Cash Accounnts Receivable Propaid Rant Office Supples Equipment ccumulated Depreciation-Equipment Accounts Payable Notes Payable (long term 4,000 Benson, Capital 3.200 Benson, Withdrawals 1,900 Sarvice Ravenua 35,700 2.100 1,600 300 800 500 600 100 34 800 Salaries Expense 600 Rent Expense 5,400 Utilities Expense 7,000 Supplies Expens Print Done
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