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Easy Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2017, the
Easy Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2017, the end of the fiscal year, the balances of selected accounts from the ledger of Easy Weight Loss are as follows: Accounts Payable $11,450 Accounts Receivable: 27,590 Accumulated Depreciation Equipment 34,460 Cash ? Common Stock 180,000 Equipment 99,610 Land 133,000 Prepaid Insurance Prepaid Rent Retained Earnings Salaries Payable Supplies Unearned Fees 6,410 4,010 49,690 4,470 690 3,320 Prepare a classified balance sheet that includes the correct balance for Cash. Easy Weight Loss Co. Balance Sheet November 30, 2017 Prepare a classified balance sheet that includes the correct balance for Cash. Easy Weight Loss Co. Balance Sheet November 30, 2017 Line Item Description Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Amount Amount Amount Total property, plant, and equipment Total assets < Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 100 0
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