Accounts Payable $9,530 Accounts Receivable 22,970 Accumulated Depreciation - Equipment 28,690 Common Stock 180,000 Cash ? Equipment 82,910 Land 110,000 Prepaid Insurance 5,340 Prepaid Rent 3,340 Retained Earnings 11,170 Salaries Payable 3,720 Supplies 570 Unearned Fees 2,760 Prepare a classified balance sheet that includes the correct balance for Cash. Balance Sheet June 30, 2017 Assets Current assets: Total current assets o 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 Accounts Payable $9,530 Accounts Receivable 22,970 Accumulated Depreciation - Equipment 28,690 Common Stock 180,000 Cash ? Equipment 82,910 Land 110,000 Prepaid Insurance 5,340 Prepaid Rent 3,340 Retained Earnings 11,170 Salaries Payable 3,720 Supplies 570 Unearned Fees 2,760 Prepare a classified balance sheet that includes the correct balance for Cash. Balance Sheet June 30, 2017 Assets Current assets: Total current assets o 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
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