Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company

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Suppose the following items were taken from the December 31, 2017, assets section of the Boeing Company balance sheet. (All dollars are in millions.) LO8 Inventory $16,933 Patents $12,528 Notes receivable—due after Buildings 21,579 December 31, 2018 5,466 Cash 9,215 Notes receivable—due before Accounts receivable 5,785 December 31, 2018 368 Debt investments (short-term) 2,008 Accumulated depreciation—buildings 12,795 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

ISBN: 9781118953907

8th Edition

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

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