Select the labels then enter the amounts and compute the current ratio. (Round you answer to two decimal places, X.XX).

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Cash Accounts Receivable. Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Notes Payable (long-term) $ 5,050 3,500 1,500 2,700 35,600 1,300 5,100 8,000 Brady, Capital Brady, Withdrawals Service Revenue Depreciation Expense Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense S 37,250 2,600 2,400 200 600 1.100 700 500 Cash Accounts Receivable. Prepaid Rent Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Notes Payable (long-term) $ 5,050 3,500 1,500 2,700 35,600 1,300 5,100 8,000 Brady, Capital Brady, Withdrawals Service Revenue Depreciation Expense Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense S 37,250 2,600 2,400 200 600 1.100 700 500

Answer rating: 100% (QA)

Current asset Cash accounts receivable pre... View the full answer