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4. I Want-to-Be Thin Service Co. offers personal weight reduction consulting services to individuals. On October 31, 20Y9, the balances of selected accounts of
4. I Want-to-Be Thin Service Co. offers personal weight reduction consulting services to individuals. On October 31, 20Y9, the balances of selected accounts of I Want-to-Be Thin Service Co. are as follows: Accounts Payable $135,000 129,000 Accounts Receivable Acc. Dep.-Equipment 120,000 Cash ?? Common stock 150,000 Equipment 990,000 Supplies expense 15,000 Prepaid insurance $28,800 Prepaid rent 21,600 Retained Earnings 855,000 Salaries payable 26,400 Supplies 48,000 Unearned Fees 18,000 Depreciation expense 25,000 Prepare a classified balance sheet that includes the correct balance for cash.
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