4-5 - Assignment Print View Depreciation expenseTrucks...

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Page 5 of 9 http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview 6. award: 1 out of 1 point Depreciation expense—Trucks 20,727 Salaries expense 56,749 Office supplies expense 6,655 Repairs expense—Trucks 10,406 Totals $ 381,837 $ 381,837 Required: Compute the current ratio as of the balance sheet date. (Round your answer to 2 decimal places.) Current ratio 1.91 The following 16 accounts are from the Adjusted Trial Balance columns of a company's 10-column work sheet. From the dropdown menu beside each account, select the letter of the appropriate financial statement column (A, B, C, or D) to which a normal account balance is extended. A. Debit column for the Income Statement columns. B. Credit column for the Income Statement columns. C. Debit column for the Balance Sheet and Statement of Owner's Equity columns. D. Credit column for the Balance Sheet and Statement of Owner's Equity columns. Account
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