Business
Business, 23.04.2021 15:50, tornadowolfcosplay

Balance Sheet Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 20Y7, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows:
Accounts Payable $10,830
Accounts Receivable 26,100
Accumulated Depreciation - Equipment 32,600
Common Stock 180,000
Cash ?
Common Stock 100,000
Equipment 325,900
Land 375,000
Prepaid Insurance 8,400
Prepaid Rent 6,000
Retained Earnings 620,300
Salaries Payable 7,500
Supplies 11,200
Unearned Fees 21,000
Prepare a classified balance sheet that includes the correct balance for Cash.

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