Optimum Weight Loss Co offers personal weight reduction

consulting services #8154

Optimum Weight Loss Co offers personal weight reduction consulting services

Optimum Weight Loss Co. offers personal weight reduction consulting services to individuals.

After all the accounts have been closed on November 30, 2019, the end of the fiscal year, the
balances of selected accounts from the ledger of Optimum Weight Loss Co. are as follows:

Accounts Payable .......................................... $ 37,700

Accounts Receivable ...................................... 116,750

Accumulated Depreciation-Equipment ............... 186,400

Cash ........................................................... ?

Equipment .................................................. 474,150

Land ...................................................... 300,000

Prepaid Insurance ......................................... $ 7,200

Prepaid Rent ............................................... 21,000

Salaries Payable .......................................... 9,000

Cheryl Viers, Capital ..................................... 710,300

Supplies ..................................................... 4,800

Unearned Fees ............................................... 18,000

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

Optimum Weight Loss Co offers personal weight reduction consulting services

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