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MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 20Y4, the end
MaxFit Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 20Y4, the end of the fiscal year, the balances of selected accounts from the ledger of MaxFit Weight Loss Co. are as follows: Accounts Payable $37,900 Accounts Receivable 116,550 Accumulated Depreciation 184,300 Cash ? Equipment 478,850 Land 300,000 Prepaid Insurance 7,800 Prepaid Rent 20,700 Salaries Payable 8,400 Supplies 4,800 Unearned Fees 17,900 Vanessa Freeman, Capital 710,100 Prepare a classified balance sheet that includes the correct balance for Cash. Be sure to complete the statement heading. Refer to the account names in the instructions and the lists of Labels and Amount Descriptions for the exact wor
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