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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, 2018,
Balance Sheet Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2018, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows: Accounts Payable $11,000 26,510 Accounts Receivable 33,110 Accumulated Depreciation - Equipment Common Stock 180,000 Cash Equipment Land 95,700 127,000 6,160 3,850 Prepaid Insurance Prepaid Rent Retained Earnings 40,660 Salaries Payable 4,290 660 Supplies Unearned Fees 3,190 Prepare a classified balance sheet that includes the correct balance for Cash. Prepare a classified balance sheet that includes the correct balance for Cash. Dynamic Weight Loss Co. Balance Sheet June 30, 2018 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Liabilities Current liabilities: Total liabilities Imm Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
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