Campbell Soup Company is the world€™s leading maker and marketer of soup, and sells other well-known brands of food in 120 countries. Presented here are the items listed on its recent balance sheet (dollars in millions) presented in alphabetical order:

Required:
Prepare a classified consolidated balance sheet for Campbell€™s for the current year (ended July 29) using the categories presented in thechapter.

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338 151 714 3,120 2,042 944 112 $694 Other assets Accounts payable Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets Inventories 581 622 Other current assets Other current debt Other noncurrent liabilities Property, plant, and equipment, net 71 351 2,487 Retained earnings 663 Short-term investments