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Taccount balances were an follows: Assets: Reguired: 2. Enter in the T-accounts the following transacsome...

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Accounting

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Taccount balances were an follows: Assets: Reguired: 2. Enter in the T-accounts the following transacsome has pecumed in 2082 a. Paid one-hall of the principal on the iong-berm note payabie. b. Sold $1,800 of the invesiments for $1,800 cash. c Sold cne-hall of the property and equpment for $2.050 cash. of 5 percent in three years. e. Paid $660 in dridends to shareholden. 3. Compuse ending balances in the T-accounts to complete the statement of financial position on December 31, 2020 4. Using the ending balances in the T-accounts, prepare a classifed statement of financial position at December 31,2020 , in good form. 5. Calculate the current ratio at December 31,2020 . (Round the final answer to 2 decimal places) Worksheet teaming Oblectwe- 02% 05 Determine the impact of business transacloons on the position and analyze the company userp the carmint ratio

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