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Classified Balance Sheet Eleven-Eleven, Inc. creates guided meditation programs for individuals. On November 30, 20Y9, the balances of selected accounts of Eleven-Eleven, Inc. are as
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Classified Balance Sheet
Eleven-Eleven, Inc. creates guided meditation programs for individuals. On November 30, 20Y9, the balances of selected accounts of Eleven-Eleven, Inc. are as follows:
Accounts Payable $67,800 Prepaid Insurance $14,400 Accounts Receivable 64,500 Prepaid Rent 10,800 Accum. DepreciationEquipment 60,000 Retained Earnings 427,500 Cash ? Salaries Payable 13,200 Common Stock 75,000 Supplies 24,000 Equipment 495,000 Unearned Fees 9,000 Prepare a classified balance sheet that includes the correct balance for Cash.
ELEVEN-ELEVEN, INC. Balance Sheet November 30, 20Y9 Assets Current assets: $fill in the blank 2 fill in the blank 4 fill in the blank 6 fill in the blank 8 fill in the blank 10 Total current assets $fill in the blank 11 Property, plant, and equipment: $fill in the blank 13 fill in the blank 15 fill in the blank 16 Total assets $fill in the blank 17 Liabilities Current liabilities: $fill in the blank 19 fill in the blank 21 fill in the blank 23 Total current liabilities $fill in the blank 24 Stockholders' Equity $fill in the blank 26 fill in the blank 28 Total stockholders' equity fill in the blank 29 Total liabilities and stockholders' equity $fill in the blank 30
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