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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:

Line Item Description Amount
Accounts Payable $9,900
Accounts Receivable 23,860
Accumulated Depreciation - Equipment 29,800
Cash ?
Common Stock 180,000
Equipment 86,130
Land 115,000
Prepaid Insurance 5,540
Prepaid Rent 3,470
Retained Earnings 18,590
Salaries Payable 3,860
Supplies 590
Unearned Fees 2,870

Prepare a classified balance sheet that includes the correct balance for Cash.

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