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Balance Sheet MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30,
Balance Sheet MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2014, the end of the fiscal year, the balances of selected accounts from the ledger of MaxFit Weight Loss Co. are as follows: Accounts Payable Accounts Receivable Accumulated Depreciation $9,090 21,910 27,360 Cash ? Equipment 79,080 Land 105,000 Prepaid Insurance 5,090 Prepaid Rent 3,180 Salaries Payable 3,550 Supplies 550 Unearned Fees 2,640 Vanessa Freeman, Capital 182,350 Prepare a classified balance sheet that includes the correct balance for Cash. MaxFit Weight Loss Co Balance Sheet November 30, 20Y4
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