BRAINLIEST Prepare a balance sheet in proper format for the company as of December 31st based on the following accounts. Answer
1 answer:
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Answer: N&B Equipment Company:
Current ratio = 1.33
Quick ratio = 0.746
Jing Foodstuffs Corporation:
Current ratio = 1.65
Quick ratio = 0.928
Explanation:
For N&B Equipment Company:
= 1.33
= 0.746
For Jing Foodstuffs Corporation:
= 1.65
= 0.928