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)
| Property and equipment Don't use plagiarized sources. Get Your Custom Essay on classified balance sheet preparation the following items were taken from the decembe 516976 For $10/Page 0nly | $4776 | Accounts payable | 1560 |
| Common stock | 1980 | Other non current liabilities | 1200 |
| Long-term investment | 3218 | Retained earnings | 10348 |
| Short-term investment | 1689 | Other current assets | 554 |
| 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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