EX 4-12 Balance sheet Optimum Weight Loss Co. offers personal weight reduction consulting services to indi- viduals. After all the accounts have been closed on November 30, 2016, the end of the fiscal year, the balances of selected accounts from the ledger of Optimum Weight Loss Co. are as follows: OBJ. 2 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Cash Common Stock $ 7,200 21,000 635,300 9,000 4,800 8,000 $ 37,700 Prepaid Insurance 116,750 Prepaid Rent 186,400 Retained Earnings ? Salaries Payable x Equipment x Land 75,000 Supplies 474,150 Unearned Fees 300,000 Prepare a classified balance sheet that includes the correct balance for Cash