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Balance Sheet Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30,
Balance Sheet Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2017, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows: Accounts Payable $9,720 Accounts Receivable 23,430 Accumulated Depreciation Equipment 29,260 Common Stock 180,000 Cash ? Equipment Land 84,560 113,000 Prepaid Insurance 5,440 Prepaid Rent 3,400 Retained Earnings 14,980 Salaries Payable 3,790 Supplies 580 Unearned Fees 2,820 Prepare a classified balance sheet that includes the correct balance for Cash. Dynamic Weight Loss Co. Balance Sheet
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