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1. Prepare the classified balance sheet of Fran O'Flynn Dance Studio Company at August 31 , 2016 . Use the report form. You must compute

1. Prepare the classified balance sheet of Fran O'Flynn Dance Studio Company at August 31 , 2016 . Use the report form. You must compute the ending balance of Retained Earnings.

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Fran O'Flynn Dance Studio Company Trial Balance August 31, 2016 Balance Account Title Cash Office Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Pavable Salaries Pavable Debit Credit 13,100 2,400 1,100 55,000 $5,900 5,100 700

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