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Current Attempt in Progress Suppose the following items are taken from the 2017 balance sheet of Pharoah Company (All dollars are in millions.) Goodwill Common

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Current Attempt in Progress Suppose the following items are taken from the 2017 balance sheet of Pharoah Company (All dollars are in millions.) Goodwill Common stock Equipment Accounts payable Patents Stock investments (long-term) Accounts receivable Prepaid rent Debt investments (short term) Retained earnings Cash Notes payable (long-term) Unearned sales revenue Accumulated depreciation equipment $3,820 6,010 1,610 140 200 3,000 1,130 210 1,080 5.970 2,470 740 420 240 Prepare a classified balance sheet for Pharoah Company as of December 31, 2017. (List current assets in order of liquidity) Pharoah Company Balance Sheet (Amounts are in millions) Assets $ Liabilities and Stockholders' Equity $ $ -/ 15 $

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