Gem's Jewelry Company is a retail outlet, selling rare jewels and giftware items. The following trial balance was prepared as at November 30, 2017, the organization's fiscal year end: Account Description Accounts payable Accounts receivable Accumulated depreciation, equipment Advertising expense Bank charges expense Cash Common shares Cost of goods sold Depreciation expense Equipment Insurance expense Interest expense Merchandise inventory Notes receivable (due February 2, 2018) Note payable (due March 10, 2020) Prepaid expenses Rent expense Retained earnings Sales 32,628 3,984 6,600 23,872 500 $22,368 5,000 125,875 6,600 55,555 3,400 917 57,970 10,000 10,000 5,000 12,000 204,649 231,676 Telephone expense Trademark Wages expense Wages payable 1,654 107,500 15,665 3,500 Required Based on the above information, prepare a classified balance sheet as of November 30, 2017 for Gem's Jewelry Company