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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, 20Y7, the end
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: Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Cash Common Stock Equipment Land Prepaid Insurance Prepaid Rent Retained Earnings Salaries Payable Supplies Unearned Fees $41,200 130,550 45,000 ? 90,000 230,000 320,000 7,500 4,800 601,500 3,800 9,150 13,500 Prepare a classified balance sheet that includes the correct balance for Cash.
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: Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Cash Common Stock Equipment Land Prepaid Insurance Prepaid Rent Retained Earnings Salaries Payable Supplies Unearned Fees $41,200 130,550 45,000 ? 90,000 230,000 320,000 7,500 4,800 601,500 3,800 9,150 13,500 Prepare a classified balance sheet that includes the correct balance for Cash.
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