The accounting records of Route Maker Wireless include the following as of December 31, 2024: (Click the icon to view the accounting records.) Requirements 1. Report these liabilities on the Route Maker Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities. Compute Route Maker Wireless's debt to equity ratio at December 31, 2024. 2. Requirement 1. Report these liabilities on the Route Maker Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities. Route Maker Wireless Balance Sheet (Partial) December 31, 2024 Plus: Total Liabilities Data table Accounts Payable Mortgages Payable (long-term) Interest Payable Bonds Payable (long-term) Total Stockholders' Equity S 69,000 80,000 14,000 58,000 175,000 Print Salaries Payable Bonds Payable (current portion) Premium on Bonds Payable Unearned Revenue (short-term) Done $ - X 8,500 24,000 9.000 3,300
The accounting records of Route Maker Wireless include the following as of December 31, 2024: (Click the icon to view the accounting records.) Requirements 1. Report these liabilities on the Route Maker Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities. Compute Route Maker Wireless's debt to equity ratio at December 31, 2024. 2. Requirement 1. Report these liabilities on the Route Maker Wireless balance sheet, including headings and totals for current liabilities and long-term liabilities. Route Maker Wireless Balance Sheet (Partial) December 31, 2024 Plus: Total Liabilities Data table Accounts Payable Mortgages Payable (long-term) Interest Payable Bonds Payable (long-term) Total Stockholders' Equity S 69,000 80,000 14,000 58,000 175,000 Print Salaries Payable Bonds Payable (current portion) Premium on Bonds Payable Unearned Revenue (short-term) Done $ - X 8,500 24,000 9.000 3,300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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