terms Explain how u EX 4-12 Balance sheet MaxFit Weight Loss Co. offers personal weight reduction consulting services to individual Fiter all the accounts have been closed on November 30, 2014, the end of the fiscal year we balances of selected accounts from the ledger of MaxFit Weight Loss Co. are as follows $ 44,800 Prepaid Insurance Accounts Payable $ 8,500 138,600 Prepaid Rent Accounts Receivable 24,900 Accumulated Depreciation 221,300 Salaries Payable 10,700 Cash Supplies 5,700 Equipment 563,000 Unearned Fees 21,400 Land 356,200 Vanessa Freeman, Capital 843,400 Prepare a classified balance sheet that includes the correct balance for Cash