The following items were taken from the December 31, 2004, assets section of the Boeing Company balance

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The following items were taken from the December 31, 2004, assets section of the Boeing Company balance sheet. (All dollars are in millions.)

Inventories $ 4,247 Other current assets $ 2,061 Notes receivable—due after Property, plant, and December 31, 2005 13,435 equipment 21,405 Notes receivable—due before Cash and cash equivalents 3,204 December 31, 2005 616 Accounts receivable 4,653 Accumulated depreciation 12,962 Other noncurrent assets 14,082 Intangible assets 2,903 Short-term investments 319 Instructions Prepare the assets section of a classified balance sheet, listing the current assets in order of their liquidity.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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