8. Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2020, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows: Account Name Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Cash Common Stock Equipment Land Balance $61,200 Account Name Prepaid Insurance 187,500 Prepaid Rent 186,000 Retained Earnings ? Salaries Payable 100,000 Supplies 325,900 Unearned Fees 375,000 Balance $8,400 7,000 620,300 7,500 12,200 21,000 Prepare a classified balance sheet that includes the correct balance for Cash. 9. For each of the following accounts, identify whether it would be closed at year-end (yes or no) and on which financial statement the account would be reported (Balance Sheet, Income Statement, or Retained Earnings Statement). a. Accounts Payable b. Accounts Receivable C. Cash d. Dividends e. Fees Earned Revenue f. Insurance Expense g. Prepaid Insurance h. Supplies