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Business, 30.05.2020 16:58 mariah10455

G 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 $51,200 Accounts Receivable 187,500 Accumulated Depreciation - Equipment 186,000 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. Dynamic Weight Loss Co. Balance Sheet June 30, 20Y7 Assets Current assets: $ Total current assets $ Property, plant, and equipment: $ $ Total property, plant, and equipment Total assets $ Liabilities Current liabilities: $ Total liabilities $ Stockholders' Equity $ Total stockholders' equity Total liabilities and stockholders' equity $

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