Response to the following problem:
Tudor Co. offers personal weight reduction consulting services to individuals. After all the accounts have been closed on April 30, 2006, the end of the current fiscal year, the balances of selected accounts from the ledger of Tudor Co. are as follows:
Accounts Payable $ 9,500 Prepaid Insurance $ 7,200
Accounts Receivable 21,850 Prepaid Rent 4,800
Accum. Depreciation-Equipment 21,100 Retained Earnings 74,200
Capital Stock 40,000 Salaries Payable 1,750
Cash ? Supplies 1,800
Equipment 80,600 Unearned Fees 1,200
Prepare a classified balance sheet that includes the correct balance for Cash.