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Optimum Weight Co. Balance Sheet November 30, 2019 Assets Current assets: Cash 12,320 X Accounts receivable 20,410 Supplies 510 Prepaid insurance 4,740 Prepaid rent 2,960
Optimum Weight Co. Balance Sheet November 30, 2019 Assets Current assets: Cash 12,320 X Accounts receivable 20,410 Supplies 510 Prepaid insurance 4,740 Prepaid rent 2,960 Total current assets Property, plant, and equipment: Land 40,940 x 95,000 x Equipment 73,690 Less accumulated depreciation Total property, plant, and equipment 143,200 X Total assets 184,140 Balance Sheet Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2019, the er the fiscal year, the balances of selected accounts from the ledger of Optimum Weight Loss Co. are as follows: Accounts Payable $8,470 Accounts Receivable 20,410 Accumulated Depreciation - Equipment 25,490 Cash 7 Equipment 73,690 Land 98,000 Prepaid Insurance 4,740 Prepaid Rent 2,960 Salaries Payable 3,300 Cheryl Viers, Capital 169,910 Supplies 510 Unearned Fees 2,460
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