Homework Answers
Solution
| Total liabilities | / | Total assets | = | Debt ratio |
| $ 96,824.00 | / | $ 1,86,200.00 | = | 52.00% |
Answer=52% or 52.0%
Working
| Total liabilities | Total assets |
| =2500+900+17424+76000 | =34000+7600+2600+30000+84000+28000 |
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E2-28 (similar to) John Harris, M. D., reported the following trial balance as of September 30,...
John Harris, M. D., reported the following trial balance as of September 30, 2018: .: (Click...
John Harris, M. D., reported the following trial balance as of September 30, 2018: .: (Click the icon to view the trial balance.) i Data Table Calculate the debt ratio for John Harris, M. D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) i L Debt ratio L Account Title Cash Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes...
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, reported the following trial balance as of September 30 commaSeptember 30, 20182018: LOADING... (Click the icon to view the trial balance.)Calculate the debt ratio for John Jones comma M.D.John Jones, M.D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) Total liabilities / Total assets = Debt ratio / = % John Jones, M.D. Trial Balance September 30, 2018 Balance Account Title Debit Credit Cash $37,000...
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10. John Hart, M. D., reported the following trial balance as of September 30, 2018: (Click...
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Please answer At September 30, Balance Corporation reported the following unadjustad amounts for its accounts, each...
Please answer
At September 30, Balance Corporation reported the following unadjustad amounts for its accounts, each of which is considered to be a nonmal account balance. $11,000 1,900 1,300 85,900 60,000 61,D00 35,900 40,700 37.500 2,900 900 2,500 28,700 Accounts Payable Accounts Recevable Cash Common Stock Equipment Note Payable Rent Revenue Retained Earnin Supplies Supplies Expense Utilities Expense Salaries and Wages Expense gs Required: Prepare an unadjusted trial balance. BALANCE CORPORATION Unadjusted Trial Balance Titles Debit Credit Totals
P3-6A This is the trial balance of Lacey Company on September 30. LACEY COMPANY Trial Balance...
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John Harris, M. D., reported the following trial balance as of September 30, 2018: .: (Click the icon to view the trial balance.) i Data Table Calculate the debt ratio for John Harris, M. D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) i L Debt ratio L Account Title Cash Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Notes...
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Jake Hill, M.D., reported the following trial balance as of September 30, 2018: (Click the icon to view the trial balance.) Data Table 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.) Jake Hill, M.D. Trial Balance September 30, 2018 Debt ratio % Balance Debit Account Title Cash Credit $ 37,000 8,000 Accounts Receivable Office Supplies 2,600 Land 27,000...
10. John Hart, M. D., reported the following trial balance as of September 30, 2018: (Click the icon to view the trial balance.) Calculate the debt ratio for John Hart, M. D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the nearest whole percent.) (1) (2) - Debt ratio 1: Data Table John Hart, M. D. Trial Balance September 30, 2018 Balance Credit Debit 30,000 7,900 3,000 29,000 75,000 30,000...
E2-28 (similar to) Question Help X i Data Table Jason Hilton, M.D., reported the following trial balance as of September 30, 2018: 3(Click the icon to view the trial balance.) Calculate the debt ratio for Jason Hilton, M.D. Select the debt ratio formula on the first line and then calculate the ratio. (Round the percentage to the neare = Debt ratio Account Title Cash Accounts Receivable Office Supplies Land Building Office Equipment Accounts Payable Utilities Payable Unearned Revenue Balance Debit...
Jake Hill, M.D., reported the following trial balance as of September 30, 2018: EB (Click the icon to 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 Debt ratio Jake Hill, M.D. Trial Balance September 30, 2018 Balance Account Title Debit Credit S 40,000 7,100 2,900 22,000 100,000 29,000 Cash Accounts Receivable Office Supplies Land Building Office...
Please answer
At September 30, Balance Corporation reported the following unadjustad amounts for its accounts, each of which is considered to be a nonmal account balance. $11,000 1,900 1,300 85,900 60,000 61,D00 35,900 40,700 37.500 2,900 900 2,500 28,700 Accounts Payable Accounts Recevable Cash Common Stock Equipment Note Payable Rent Revenue Retained Earnin Supplies Supplies Expense Utilities Expense Salaries and Wages Expense gs Required: Prepare an unadjusted trial balance. BALANCE CORPORATION Unadjusted Trial Balance Titles Debit Credit Totals
P3-6A This is the trial balance of Lacey Company on September 30. LACEY COMPANY Trial Balance September 30, 2017 Debit Credit Cash $19,200 Accounts Receivable 2,600 Supplies 2,100 Equipment 8,000 Accounts Payable $ 4,800 Unearned Service Revenue 1,100 Common Stock 15,000 Retained Earnings 11,000 $31,900 $31,900 The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of...
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