Thanks! 5. Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals.After all the accounts have been closed on June 30, 2018, the end of the fiscal year, the balancesof selected accounts from the ledger of Dynamic Weight Loss are as follows:$ 51,200$ 8,400Prepaid InsurancePrepaid RentRetained EarningsAccounts PayableAccounts Receivable187,5006,000Accumulated Depreciation-Equipment186,000620,300Salaries PayableSuppliesCash?7,500Common Stock100,00011,200Equipment325,900Unearned Fees21,000Land375,000Prepare a classified balance sheet that includes the correct balance for Cash.

Particulars Amount Total Assets $800000 Less: NET PPE 514900 Totl current assets 285100…

5. Dynamic Weight Loss Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on June 30, 2018, the end of the fiscal year, the balances of selected accounts from the ledger of Dynamic Weight Loss are as follows: $ 51,200 $ 8,400 Prepaid Insurance Prepaid Rent Retained Earnings Salaries Payable Supplies Accounts Payable Accounts Receivable 187,500 6,000 Accumulated Depreciation-Equipment 186,000 620,300 Cash ? 7,500 Common Stock 100,000 11,200 Equipment Land 325,900 Unearned Fees 21,000 375,000 Prepare a classified balance sheet that includes the correct balance for Cash.