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Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2015) a. Borrowed $18,296 from banks due in

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Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2015) a. Borrowed $18,296 from banks due in two years b. Purchased additional investments for $23,800 cash, one-fifth were long term and the rest were short term. C. Purchased property, plant, and equipment, paid $9,603 in cash and signed a short-term note for $1,440 d. Issued additional shares of common stock for $1,500 in cash, total par value wos $1 and the rest was in excess of par value e. Sold short-term investments costing $19,038 for $19,038 cash f. Declared $11,156 in dividends to be paid at the beginning of the next fiscal year 3. Prepare a balance sheet from the T-account ending balances for Starfruit at September 26, 2015, based on these transactions, (Enter your answers in millions.) STARFRUIT INC Balance Sheet Assets Liabilities and stockholders' equity Liabilities and stockholders' equity Assume that the following transactions (in millions) occurred during the next fiscal year (ending on September 26, 2015) a. Borrowed $18,296 from banks due in two years b. Purchased additional investments for $23,800 cash, one-fifth were long term and the rest were short term. C. Purchased property, plant, and equipment, paid $9,603 in cash and signed a short-term note for $1,440 d. Issued additional shares of common stock for $1,500 in cash, total par value wos $1 and the rest was in excess of par value e. Sold short-term investments costing $19,038 for $19,038 cash f. Declared $11,156 in dividends to be paid at the beginning of the next fiscal year 3. Prepare a balance sheet from the T-account ending balances for Starfruit at September 26, 2015, based on these transactions, (Enter your answers in millions.) STARFRUIT INC Balance Sheet Assets Liabilities and stockholders' equity Liabilities and stockholders' equity

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