Question: Select the debt ratio formula on the first line and then calculate the ratio. Jake Hill, M.D., reported the following unadjusted trial balance as of
Select the debt ratio formula on the first line and then calculate the ratio.
Jake Hill, M.D., reported the following unadjusted trial balance as of September 30, 2025: View the trial balance. Calculate the debt ratio for Jake Hill, M.D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Debt ratio Trial Balance Account Title Cash Jake Hill, 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 37,000 7,600 2,600 25,000 90,000 26,000 Credit 2,500 700 16,310 84,000 130,000 56,000 35,890 23,700 700 800 269,400 s 269,400
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