Balance Sheet

Easy Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 20Y7, the end of the fiscal year, the balances of selected accounts from the ledger of Easy Weight Loss are as follows:

Line Item Description	Amount
Accounts Payable	$10,440
Accounts Receivable	25,160
Accumulated Depreciation - Equipment	31,420
Cash	?
Common Stock	180,000
Equipment	90,830
Land	121,000
Prepaid Insurance	5,850
Prepaid Rent	3,650
Retained Earnings	29,430
Salaries Payable	4,070
Supplies	630
Unearned Fees	3,030

Prepare a classified balance sheet that includes the correct balance for Cash.

Easy Weight Loss Co. Balance Sheet November 30, 20Y7

Line Item Description	Amount	Amount	Amount
Assets
Current assets:
Accounts payableCashCommon stockEquipmentUnearned feesCash		$Cash
Accounts payableAccounts receivableCommon stockEquipmentSalaries payableAccounts receivable		Accounts receivable
Accounts payableAccumulated depreciation - equipmentCommon stockLandSuppliesSupplies		Supplies
Accumulated depreciation - equipmentCommon stockEquipmentPrepaid insuranceUnearned feesPrepaid insurance		Prepaid insurance
Accounts payableLandPrepaid rentSalaries payableUnearned feesPrepaid rent		Prepaid rent
Total current assets			$Total current assets
Property, plant, and equipment:
Accounts receivableAccumulated depreciation - equipmentCommon stockLandSuppliesLand		$Land
Accounts receivableAccumulated depreciation - EquipmentEquipmentPrepaid rentSuppliesEquipment	$Equipment
Accounts payableAccumulated amortizationAccumulated depreciation - equipmentEquipmentUnearned feesAccumulated depreciation - equipment	Accumulated depreciation - equipment
Accounts receivableAccumulated depreciation - equipmentBook value - equipmentPrepaid rentSupplies
Total property, plant, and equipment			Total property, plant, and equipment
Total assets			$Total assets
Liabilities
Current liabilities:
Accounts payableAccounts receivableCashCommon stockSupplies		$- Select -
EquipmentPrepaid insurancePrepaid rentSalaries payableSalary expense		- Select -
Accounts receivableCashLandSuppliesUnearned fees		- Select -
Total liabilities			$Total liabilities
Stockholders' Equity
Accumulated depreciation - equipmentCommon stockEquipmentPrepaid insuranceUnearned fees		$- Select -
Accumulated depreciation - equipmentEquipmentPrepaid insuranceRetained earningsUnearned fees		- Select -
Total stockholders' equity			Total stockholders' equity
Total liabilities and stockholders' equity			$Total liabilities and stockholders' equity