Question: Healthy & Trim Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2008, the end

Healthy & Trim Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2008, the end of the current fiscal year, the balances of selected accounts from the ledger of Healthy & Trim Co. are as follows:

Prepare a classified balance sheet that includes the correct balance forCash.

7,250 Equipment 41,560 Prepaid Insurance $350,000 9,600 6,000 6,750 1,040 5,000 Accounts Payable Accounts Receivable Accumulated Depreciation Prepaid Rent Equipment Cash 51,950 Salaries Payable Supplies Cindy DeLoach, Capital 346,000 Unerned Fees

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