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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

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.

Assets
Current assets:
Accounts payable Cash Common stock Equipment Retained earnings $- Select -
Accounts payableAccounts receivableCommon stock EquipmentLess accumulated depreciation

- Select -

Accounts payableLess accumulated depreciation Salaries payableSuppliesUnearned fees

- Select -

Accounts payableCommon stockEquipmentPrepaid insuranceSalaries payable

- Select -

Less accumulated depreciationPrepaid rentRetained earningsSalaries payableUnearned fees

- Select -

Total current assets $fill in the blank 11
Property, plant, and equipment:
CashEquipmentPrepaid insurancePrepaid rentRetained earnings $- Select -
Accounts payableLess accumulated depreciationPrepaid insurancePrepaid rentSalaries payable

- Select -

- Select -

Total assets $fill in the blank 17
Liabilities
Current liabilities:
Accounts payableAccounts receivableCashCommon stockEquipment $- Select -
Accumulated depreciationCashRetained earningsSalaries payableSupplies

- Select -

Prepaid insurancePrepaid rentRetained earningsSuppliesUnearned fees

- Select -

Total current liabilities $fill in the blank 24
Stockholders' Equity
Accounts payableAccounts receivableCashCommon stockUnearned fees $- Select -
Prepaid rentRetained earningsSalaries payableSuppliesUnearned fees

- Select -

Total stockholders' equity

fill in the blank 29

Total liabilities and stockholders' equity $fill in the blank 30

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Assets 1 Current Assets Accounts Receivable 64500 Prepaid Insurance 14400 Prepaid Rent 10800 Cash Su... blur-text-image

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