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Adobe Systems Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended December 2, 2016 Accounts Payable Accounts
Adobe Systems Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended December 2, 2016 Accounts Payable Accounts Receivable 820 840 Accumulated Amortization 480 Accumulated Depreciation 1,110 Allowance for Doubtful Accounts 10 Cash and Cash Equivalents Common Stock Deferred Revenue 1,010 450 1,950 7,330 Equipment Income Taxes Payable Notes Payable (long-term) Notes Receivable (long-term) Prepaid Rent Retained Earnings Service Revenue 40 2,470 230 250 6,970 470 Short-Term Investments 3,750 890 Software Prepare a classified balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) ADOBE SYSTEMS, INC. Balance Sheet As of December 2, 2016 (in millions of dollars) Accounts Receivable, net of Allowance Equipment, net of Accumulated Depreciation Software, net of Accumulated Amortization
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