Instructions Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2018, the end of the iscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows $51,200 187,500 186,000 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Equipment Land Prepaid insurance Prepaid rent Retained eanings Salaries payable Supplies Unearned fees 00,000 25,900 375,000 8,400 6,000 620,300 7,500 11,200 21,000 $51,200 187,500 186,000 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Equipment Land Prepaid insurance Prepaid rent Retained earnings Salaries payable Supplies Unearned fees 100,000 325,900 375,000 8.400 6,000 620.300 7,500 11,200 21,000 Prepare a classined balance sheet that includes the correct balance for Cash. Land must be entered as the first fioxed asset. Be sure to complete the statement heading Refer to the Instructions and the list of Labels and Amount Descrptons for the exact wording of text entries. Negative amounts should be indicated by a minus sign. You not need to enter colons () or the ward Less" on the balance sheet, they wiwl automatically insert where necessary Labels and Amounts Descriptions Labels Current assets Current liabilities Expenses For the Year Ended June 30, 2018 June 30, 2018 Property, plant, and equipment Revenues Book value-equipment Decrease in retained earnings Increase in retained earnings Less dividends Net income Net loss Plus dividends Revenues Book value-equipment Decrease in retained earnings Increase in retained earnings Less dividends Net income Net loss Plus dividends Retained earnings, December 1, 2015 Retained earnings, June 30, 2018 Total assets Total current assets Total expenses Total liabilities Total liabilities and stockholders equity Total property, plant, and equipment Total stockholders equity Balance Sheet Prepare a classified balance sheet that includes the correct balance for Cash. Land must be entered as the first fixed asset. Be sure to complete the statement heading Refer to the Instructions and the list of Labels and Amount Descriptions for the exact wording of text entries. Negative amounts should be indicated by a minus sign. You ww not need to enter colons ) or the word Less" on the balance sheet, they will automatically insert where necessary. Dynamic Weight Loss Co. Balance Sheet Label) Assets 2 (Label) (Label) 10 12 13 15 16 Liabilities (Label) 10 20 Stockholders Equity 23