my best weight co offers personal weight reduction consulting s 240364

My-Best Weight Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on November 30, 2012, the end of the current fiscal year, the balances of selected accounts from the ledger of My-Best Weight Co. are as follows:

Accounts Payable ……………………………………………$ 34,500

Accounts Receivable ………………………………………… 83,120

Accumulated Depreciation—Equipment …………………… 103,900

Blanca Tierney, Capital …………………………………….. 692,000

Cash …………………………………………………………?

Equipment ………………………………………………….. 300,000

Land ………………………………………………………… $400,000

Prepaid Insurance …………………………………………… 19,200

Prepaid Rent ………………………………………………… 12,000

Salaries Payable ……………………………………………… 13,500

Supplies ……………………………………………………… 2,080

Unearned Fees ………………………………………………. 10,000

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

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