Sesame Seeds Inc has the following alphabetised post-closing trial balance shown below. Prepare a classified balance sheet as of Dec 31 2023. Be sure to use proper form, including all appropriate subtotals. Accounts Payable 49500 Accounts Receivable 150,000 Accum Depreciation building 434000 Building 750000 Cash 497000 Common shares 320000 Land 140500 Long term notes payable 260000 Office supplies 93000 Preferred shares 150000 Prepaid insurance 32000 Retained earnings 375000 Unearned revenue 51000 Wages payable 23000

Other information:

Preferred shares $1.20 non-cumulative, unlimited shares authorised, 22000 issued and outstanding.

Common shares, unlimited shares authorised 32000 issued and outstanding.

Long-term notes payable are due in 2026

For the year ended December 31, 2023 revenue was $ 375000, expenses were $192000 and the income tax rate was 20%