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Below are the account balances (all normal) for The Walt Disney Company as of October 3, 2020 after adjusting journal entries but before closing entries.

Below are the account balances (all normal) for The Walt Disney Company as of October 3, 2020 after adjusting journal entries but before closing entries. The accounts are listed in alphabetical order. All amounts are in millions of U.S. dollars. The Companys fiscal year ends on the Saturday closest to September 30. Fiscal 2020, ended on October 3, 2020, and fiscal 2019 ended on September 28, 2019. There was no new investment by stockholders during fiscal 2020 (Hint: read this as no change in Common Stock).

Accounts payable

16,801

Accounts receivable

12,708

Accumulated depreciation

35,517

Cash

17,914

Common stock

54,497

Cost of sales

43,880

Current portion of long-term debt

5,711

Depreciation and amortization expense

5,345

Dividends

1,587

Goodwill and other long-term assets

105,295

Income tax expense

699

Interest expense

7,648

Interest revenue

1,689

Inventories

1,583

Investments (long-term)

28,925

Long-term debt

52,917

Other current assets

3,046

Other long-term liabilities

24,492

Property, plant, and equipment

67,595

Retained earnings

47,466

Sales revenue

65,388

Selling, general and administrative expenses

12,369

Unearned revenue

4,116

Prepare the following for fiscal 2020 for Disney with titles:

  1. Income Statement single step format (7.5 points)
  2. Statement of Stockholder's Equity (4 points)
  3. Classified Balance Sheet (15.5 points)
  4. Closing journal entries and short questions (9.5 points)

PLEASE POST IN EXCEL OR WORD

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