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A list of the balance sheet accounts and their balances for Beaumont Company at 12/31/23...

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Accounting

image A list of the balance sheet accounts and their balances for Beaumont Company at 12/31/23 are presented below, except for Retained Earnings, which must be computed. Cash includes a $8,000 bank overdraft and restricted funds of $55,000 (bond sinking fund). Inventories are valued at lower of cost or market using LIFO. Marketable securities consist of trading securities of $22,000 (current) and available-for-sale securities of $34,000 (non-current), both at fair value. Land includes an abandoned lot that cost $27,500, which is no longer used in operations. Common stock authorized was 500,000 shares. Assume that notes are short-term unless otherwise stated. Prepare a classified balance sheet in good form

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