Instructions 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: Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Equipment Land Prepaid insurance Dronoid cont $37,000 117,500 187,200 ? 75,000 474,150 300,000 6,400 21.000

Easy Weight Loss Co. ollers personal weight reduction consulting services 10 individuals. Aftet all the acoounts have been closed on November 30 , 20Y7, the end of the fiscai year, the balances of selected accounts trom the ledger of Easy Weight Loss are as followa Balance Sheet 16 Liabilities 17 (Label) 18 19 20 21 22. Stockholders' Equity 25 24 25 AccquntspayableAccountsreceivableAccumulateddepreciation-equipmentCashCommonstockEquipmentLandPrepaidinsurancePrepaidrentRetainedearningsSalariespayableSupplies$37,000117,500187,200?75,000474,150300,0006,40024,000536,2008,6004,800 Balance Sheet Easy Weight Loss Co. Balance Sheot (Label) \begin{tabular}{|l|l|} \hline 1 & \\ \hline 2 & (tabe) \\ \hline 3 & \\ \hline 4 & \\ \hline 5 & \\ \hline 6 & \\ \hline 7 & \\ \hline \end{tabular} Assets Labels Current assets Current liabilities For the Year Ended November 30, 20 Y 7 November 30,20Y7 Property, plant, and equipment Amounts Descriptions Book value-equipment Net income Net loss Total assets Balance Sheet 8 9 (Mabel) 20 11 11 13 14 is 16 Uabilities. 1) (Gabel) -abels and Amounts Descriptions Instructions Equipment Land Prepaid insurance Prepaid rent Retained earnings Salaries payable Supplies Unearned fees 474,150300,000 6,400 24,000 636,200 8,600 4,800 17,600