Balance Sheet
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
$9,550
Accounts Receivable
23,020
Accumulated Depreciation
28,750
Cash
?
Equipment
83,090
Land
111,000
Prepaid Insurance
5,350
Prepaid Rent
3,340
Salaries Payable
3,720
Supplies
570
Unearned Fees
2,770
Vanessa Freeman, Capital
191,570
Prepare a classified balance sheet that includes the correct balance for Cash.
MaxFit Weight Loss Co
Balance Sheet
November 30, 20Y4