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Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in...

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Accounting

Sunshine Sushi, a Japanese restaurant, has the following adjusted trial balance with accounts listed in alphabetical order. For the bank loan, $78,750 is due in 2024. For Notes receivable, $37,750 will be collected in 2024.

Account title Debit Credit
Accounts payable $ 31,300
Accumulated depreciation, equipment 95,200
Accumulated depreciation, furniture 63,000
Bank loan 539,000
Cash $ 154,000
Equipment 357,000
Operating expenses 34,650
Furniture 168,000
Merchandise Inventory 30,000
Natsuki Miyakawa, capital 48,000
Natsuki Miyakawa, withdrawal 13,600
Notes receivable 106,750
Revenue 67,500
Wages payable 20,000
Total $ 864,000 $ 864,000

Using the template provided, prepare a classified balance sheet for the year-ended December 31, 2023.

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