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Accounts Payable $37,900 Accounts Receivable 116,550 Accumulated Depreciation 184,300 Cash ? Equipment 478,850 Land 300,000 Prepaid Insurance 7,800 Prepaid Rent 20,700 Salaries Payable 8,400 Supplies

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Accounts Payable $37,900 Accounts Receivable 116,550 Accumulated Depreciation 184,300 Cash ? Equipment 478,850 Land 300,000 Prepaid Insurance 7,800 Prepaid Rent 20,700 Salaries Payable 8,400 Supplies 4,800 Unearned Fees 17,900 Vanessa Freeman, Capital 710,100 Labels and Amounts Descriptions Labels Current assets Current liabilities For the Year Ended November 30, 20Y4 November 30, 20Y4 Property, plant, and equipment Amounts Descriptions Total assets Total current assets Total liabilities Total liabilities and owner's equity Total property, plant, and equipment Prepare a classified balance sheet that includes the correct balance for Cash Be sure to complete the statement heading, Refer to the account names In the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. You will not need to enter colons() or the word "Less" on the balance sheet, they will automatically insert where necessary, Enter all amounts as positive numbers. When entering assets, enter them in order of liquidity MaxFit Weight Loss Co Balance Sheet (Labely Assets 2 ? Label 1 5 6 1 Label 9 Label) 10 11 12 13 14 15 Liabilities 16 Label) 17 18 19 20 21 Owner's equity 22 23

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