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Balance Sheet Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all...

Balance Sheet

Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2018, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows:

Accounts Payable $9,940
Accounts Receivable 23,960
Accumulated Depreciation - Equipment 29,920
Common Stock 180,000
Cash ?
Equipment 86,480
Land 115,000
Prepaid Insurance 5,570
Prepaid Rent 3,480
Retained Earnings 19,400
Salaries Payable 3,880
Supplies 600
Unearned Fees 2,880

Prepare a classified balance sheet that includes the correct balance for Cash.

Dynamic Weight Loss Co.
Balance Sheet
June 30, 2018
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 $
Business   Accounting   
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