How do I prepare a classified balance sheet that includes the correct balance for cash using the following accounts:
Accounts payable $17,250
Accounts receivable $41,560
Accumulated Depreciation - Equipment $51,950
Cash ?
Cindy Deloach, Capital $346,000
Equipment $350,000
Prepaid Insurance $9,600
Prepaid rent $6,000
Salaries payable $6,700
Supplies $1,040
Unearned fees $5,000