E5-5 (Algo) Preparing a Classified Balance Sheet LO5-3 Carlton Soup Company is the world's leading maker and marketer of soup and sells other well-known brands of food in 160 countries. Presented here are the items listed on a simplified version of its recent balance sheet (dollars in millions) presented in alphabetical order: Accounts payable Accounts receivable Accrued expenses Cash and cash equivalents Common stock, $0.0375 par value Intangible assets Inventories Required: Prepare a classified consolidated balance sheet for Carlton Soup for the current year (ended July 31). Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Current Assets: Cash and cash equivalents Accounts receivable Inventories Other current assets Total assets Total current assets Property, plant, and equipment, net Current liabilities: CARLTON SOUP COMPANY Consolidated Balance Sheet At July 31, Current Year (in millions) Accounts payable Accrued expenses Other current debt Assets Liabilities and Stockholders' Equity Total current liabilities Total liabilities Stockholders' Equity Common stock Retained eamings Total stockholders' equity Total liabilities and stockholders' equity $ $ 656 Other assets 580 Other current assets 606 Other current debt 325 Other noncurrent liabilities 386 Property, plant, and equipment, net 3,063 Retained earnings 962 $ 0 0 0 0 0 $ 139 70 1,130 3,987 2,487 941

E5-5 (Algo) Preparing a Classified Balance Sheet LO5-3 Cortion Soup Company is the world's leading maker and marketer of soup and selis other wed-known brands of food in 160 countries Presented here are the items ilsted on a simplifled version of its recent balance sheet (dollars in milions) presented in alphabetical order: Required: Prepare a clessilfed consolidated balance sheet for Cartton Soup for the current year (ended July 37). Note- Enter your answers in millilons (1.e., 10,000,000 should be entered as 10)