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mathman783
21.05.2020 •
Business
The adjusted trial balance of Penny O'Hara Dance Studio Company follows:
Requirement
1. Prepare the classified balance sheet of Penny O'Hara Dance Studio Company
at August 31, 2018.
2. Compute current ratio at August 31, 2016. One year ago, the current
ratio was 1.57. Indicate whether ability to pay current debts has improved,
deteriorated, or remained the same.
Begin by preparing the asset section of the balance sheet, then prepare the
liabilities section and finally the stockholders' equity section.
Melanie O'Mallie Dance Studio Company
Trial Balance
August 31, 2018
Solved
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Ответ:
B. FUTA will be the correct answer which means Federal Unemployment Tax Act.
Explanation:
If your google the meaning of FUTA it will bring up the meaning