=+E3-29 Classified balance sheet Obj 4

/ Total assets, $91,000 Redox Co. offers personal weight reduction consulting services to individuals. After all the ac¬

counts have been closed on November 30, 2008, the end ofthe current fiscal year, the balances ofselected accounts from the ledger of Redox Co. are as follows:

Accounts Payable $ 7,600 Prepaid Insurance $ 5,800 Accounts Receivable 17,500 Prepaid Rent 3,600 Accum. Depreciation--Equipment 16,800 Retained Earnings 56,000 Capital Stock 25,000 Salaries Payable 1,400 Cash p Supplies 1,500 Equipment 65,000 Unearned Fees 1,000 Prepare a classified balance sheet that includes the correct balance for Cash.