balance Sheet 2 MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2014, the follows: Accounts Payable $ 44,800 Accounts Receivable 138,600 Accumulated Depreciation 221,300 Cash Equipment 563,000 Land 356,200 Prepaid Insurance 8,500 Prepaid Rent 24,900 Salaries Payable 10,700 Supplies 5,700 Unearned Fees 21,400 Vanessa Freeman, Capital 843,400 Prepare a classified balance sheet that includes the correct balance for Cash Maxfit Weight Loss Co. Balance Sheet November 30, 2014 Assets Current assets: cash 14.700 Accounts receivable 130.600 5.700 Supplies Prepaid insurance Prepaid rent 3.500 24.900 322.400 Total current assets Property, plant, and equipment Land 366.200 Equipment 563.000 Check My Work Prepare a classified balance sheet that includes the correct balance for Cash Maxfit Weight Loss Co. Balance Sheet November 30, 2014 Assets 44,700 138,600 5,700 8.500 24,900 222,400 Current assets: Cash Accounts receivable Supplies Prepaid insurance Prepaid rent Total current assets Property, plant, and equipment: Land Equipment Less accumulated depreciation Total property, plant, and equipment Total assets 356,200 563,000 221.300 221,300 X Liabilities 44.800 10,700 Current liabilities: Accounts payable Salaries payable Unearned fees Total liabilities 21.400 76,900 Owner's Equity Vanessa Freeman Capital 843.400 Total abdities and owner's equity 44.700