Matching Questions 1.Select the letter of the effect on the debt/equity ratio (a through c) as a result of each transaction listed in items 1 through 9. Effects a. Increase in...

Matching Questions

1.Select the letter of the effect on the debt/equity ratio (a
through
c) as a result of each transaction listed in items 1 through 9.

____1.Amortized the discount of the long-term note payable

____2.A portion of long-term debt is paid

____3.Accrued salaries at yearend

____4.Paid accrued payroll taxes which were accrued last month

____5.Paid a bonus amounting to 5% on reported income to the CEO that was previously accrued

____6.Paid costs associated with warranties that were previously accrued

____7.Taxes paid which are accrued

____8.Accrued income taxes at yearend

____9.Accrued estimated coupon redemptions