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Below is an alphabetical list of Brinker's accounts and account balances as of Dec 31, 2019 (all amounts in millions of US dollars). Identify the
Below is an alphabetical list of Brinker's accounts and account balances as of Dec 31, 2019 (all amounts in millions of US dollars). Identify the accounts that would appear on Brinker's BALANCE SHEET and then use this information to re-create Brinker's 2019 Balance Sheet on the following page. Accounts payable 97.5 Accounts receivable Cash 55.0 13.4 Common stock 534.0 Cost of goods sold 823.0 Current portion of long-term debt 9.7 Income tax expense 16.9 Interest expense 61.6 Inventory 70.3 Intangible assets Long-term debt 326.2 1,206.6 Other accrued expenses 131.4 Other long-term liabilities 408.3 Prepaid expenses 38.3 Property and equipment, net 755.1 Retained earnings (ending balance on 12/31/19) 2,771.2 Sales revenue 3,217.9 Selling, general and administrative expenses 1,101.8 Treasury stock (4,083.4) Wages expense 1,059.7 Wages payable Unearned revenue-gift cards 82.1 100.9 Prepare Brinker's classified BALANCE SHEET as of Dec. 31, 2019 by filling in the appropriate accounts and amounts in the shaded boxes below. I indicated the locations of the subtotals and totals so you know how many accounts are included in each section and listed the first account (Cash) to get you started. Brinker INTERNATIONAL. Consolidated Balance Sheet As of December 31, 2019 ASSETS Cash Accounts Receivable Inventory Total Current Assets Total Assets LIABILITIES In millions of $ 13.4 55 70.3 LIABILITIES Total Current Liabilities Total Liabilities STOCKHOLDERS' EQUITY Total Stockholders' Equity Total Liabilities and Stockholders' Equity
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