Lekha Rao, M.D., reported the following unadjusted trial balance as of September 30, 2025: Calculate the debt
Question:
Lekha Rao, M.D., reported the following unadjusted trial balance as of September 30, 2025:
Calculate the debt ratio for Lekha Rao, M.D
Transcribed Image Text:
Account Title Cash LEKHA RAO, M.D. Unadjusted Trial Balance September 30, 2025 Accounts Receivable Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Utilities Expense Advertising Expense Total Balance Debit $ 35,000 7,250 3,000 20,000 80,000 25,000 50,000 23,500 800 300 $ 244,850 Credit $ 2,000 935 14,000 75,000 100,000 52,915 $ 244,850
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780137858651
8th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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