Question: 2. Below the Adjusted Trial Balance for Pasadena Pet Store, Inc. at June 30, 2019 This is the month-end for the company. You will use

2. Below the Adjusted Trial Balance for Pasadena Pet Store, Inc. at June 30, 2019 This is the month-end for the company. You will use this information to answer the questions below. You will also use this information to calculate the ratios listed in #3. DO NOT SUBMIT THE FINANCIALS - USE THEM TO ANSWER THE QUESTIONS and #3. Pasadena Pet Store Adjusted Trial Balance June 30, 2019 $ 14,000 2,500 500 3,400 $ Cash Accounts Receivable Prepaid Insurance Store Equipment Accum Dep: Store Equipment Accounts Payable Unearned Revenue Common Stock, June 1, 2019 Retained Earnings, June 1, 2019 Dividends Sales Revenue Wages Expense Cost of Goods Sold Office Supplies Expense Depreciation Exp: Store Equipment Income Taxes Expense 600 2,200 1,600 11,000 3,250 250 8,900 2,600 3,250 500 450 100 27,550 $ $ 27,550 A. What is net income for June 2019? B. What is ending retained earnings at June 30, 2019? C. What is the total amount of liabilities D. What would be the date for the Income Statement and Statement of Stockholders' Equity? 3. Using the information above, calculate the following: a. Working Capital b. The Current Ratio c. The gross profit rate
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