classified balance sheet preparation the following items were taken from the decembe 516976
Classified balance sheet preparation. The following items were taken from the December3 1.2011. financial statements of Health traners Inc. (All dollars are in millions.) Prepare a classified balance sheet as of December 31, 2011,(LO 3)
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classified balance sheet preparation the following items were taken from the decembe 516976
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$4776 |
Accounts payable |
1560 |
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Common stock |
1980 |
Other non current liabilities |
1200 |
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Long-term investment |
3218 |
Retained earnings |
10348 |
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Short-term investment |
1689 |
Other current assets |
554 |
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Cash |
1240 |
Other non current assets |
2487 |
|
Accounts receivable |
1200 |
Current portion of long-term debt |
340 |
|
Inventories |
1134 |
Long-term debt |
870 |
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