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Dolance STICHE Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30,
Dolance STICHE 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 $11,490 Accounts Receivable 27,690 Accumulated Depreciation Equipment 34,580 Common Stock 180,000 Cash ? Equipment 99,960 Land 133,000 Prepaid Insurance 6,430 Prepaid Rent 4,020 Retained Earnings 50,490 Salaries Payable 4,480 Supplies 690 Unearned Fees 3,330 Prepare a classified balance sheet that includes the correct balance for Cash. Dynamic Weight Loss Co. Balance Sheet June 30, 2017
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