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Help me on the empty and the wrong ones? Balance Sheet Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals. After all
Help me on the empty and the wrong ones?
Balance Sheet Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2010, the end of the local year, the balances of selected accounts from the ledger of Optimum Weight Loss Co. are as follows: Accounts Payable $7,390 Accounts Receivable 17,810 Accumulated Depreciation - Equipment 22,240 Cash Equipment 54,290 Land 86,000 Prepaid Insurance 4,140 Prepaid Rent 2,590 Salaries Fayable 2.850 Cheryl Viers, Capital 148.240 Su 440 Unearned Fees 2,140 Prepare a dassified balance sheet that includes the correct balance for Cash Optimum Weight Co. Dalance Sheet November 30, 2010 7.290 x Current Cash Accounts receivable Supplies 17.010 440 Prepaid insurance 4.140 Prepaid rent 2.590 Total current assets Property, plant, and equipment: Land 36.000 61.290 Equipment Less accumulated depreciation 22.240 UX 120,000 Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries puyable 7.390 2.880 Unearned fees 2.240 Total liablities 12,410 Owls Cheryl Viers, Capital 148.240 Tot liabilities and owner's equity 160,650Step by Step Solution
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