Belleville Services has these account balances at December 31, 2015: Compute Belleville Services' current ratio and debt
Question:
Belleville Services has these account balances at December 31, 2015:
Compute Belleville Services' current ratio and debt ratio.
Transcribed Image Text:
Accounts Payable.. Accounts Receivable. Cash. Accum. Amortization- Equipment.. Equipment. Note Payable, $ 8,700 12,500 6,500 Long-term. Prepaid Rent. Salary Payable.. Service Revenue. $18,000 4,000 4,200 62,000 3,000 ............ 8,000 24,000 Supplies . ......... ..........
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Related Book For
Accounting Volume 1
ISBN: 978-0132690096
9th Canadian edition
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
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