0 Use the information in the following adjusted trial balance for the Wilson Trucking Company...
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Accounting
0 Use the information in the following adjusted trial balance for the Wilson Trucking Company $ 8,000 17,500 3,000 172,000 Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees eamed Depreciation expense-Trucks Salaries expense Office supplias expanse Repars expense-Trucks 3 36,000 85,000 12,000 4,000 53 000 175,000 20,000 130,000 23,500 61,000 8,000 12,000 410,000 $410,000 1. Caloulate the current rato. Assume that the industry average for the current ratio is 1.5.) Current Ratio Choose Numerator Choose Denominator: I = current Ratio Currant ratio
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