Module 3 Assignment Prepare the statement of retained earnings and balance sheet for Ma and Pa Grocery as of December 31, 20XX. Calculate the current ratio for the year Sales Revenue Equipment Accounts Payable Sales Discounts Advertising Expense Interest Expense Wages Payable Accounts Receivable Building Common Stock Sales returns and Allownaces Utilities Expense Inventory Commission Expense Cost of goods sold Accumulated depreciation-equipment Unearned sales revenue Prepaid Rent Office salaries expense Accumulated depreciation-building Rent Expense Dividends cash retained earnings dielivery expense ns 322,800 104,000 16,500 2,200 12,600 1,700 1,600 6,900 140,000 35,000 6,700 10,300 16,400 22,300 158,400 26,400 2,500 1,200 52,000 40,500 5,800 14,000 7,800 87,600 1,300 5,700 37,000 600 urance expense mortgage payable(long term) Supplies