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1. prepare the asset section of a classified balance sheet for Hasbro, Inc. please help Hasbro, Inc. a The following is a list of account
1. prepare the asset section of a classified balance sheet for Hasbro, Inc.
please help
Hasbro, Inc. a The following is a list of account titles and amounts (in millions) reported at December 30, 2018, by Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families: Accounts Receivable $1,200 Accumulated Amortization 720 Accumulated Depreciation 465 Allowance for Doubtful Accounts 10 Buildings 190 Cash and Cash Equivalents 1,180 $ 530 Equipment 485 Goodwill 445 Inventory 5 Land 2,160 Licensing Rights 270 Prepaid Rent For E9-1 You are making the asset section of a balance sheet; The most liquid assets (close to cash) go first Accounts Receivable is a current assets and gets reported net of the Allowance (subtract the allowance) Prepaid rent is a current asset Licensing Rights is a non-current asset and gets reported net of Accumulated Amortization Goodwill is a non-current asset and goes after Licensing Rights The last item is Land + Buildings + Equipment gets reported net of Accumulated Depreciation Report a last row that says: Total AssetsStep by Step Solution
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