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E8-1 Preparing a Classified Balance Sheet L08-1 The following is a list of account titles and amounts (dollars in millions) from a recent annual report
E8-1 Preparing a Classified Balance Sheet L08-1 The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment software for children and families: Buildings and improvements Prepaid expenses and other current assets Allowance for doubtful accounts Other noncurrent assets Accumulated amortization (other intangibles) Cash and cash equivalents $ 202 173 50 204 809 638 Goodwill Machinery, equipment, and software Accumulated depreciation Inventories Other intangibles Land and improvements Accounts receivable $ 471 415 422 299 1,378 15 649 Required: Prepare the asset section of the balance sheet for Hasbro, Inc., classifying the assets into Current Assets, Property, Plant, and Equipment (net), and Other Assets. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be indicated by a minus sign.) HASBRO, Inc. Excerpts from Balance Sheet (in millions) Assets Current assets: Total current assets Property, plant, and equipment: Property, plant, and equipment (at cost) Total property, plant, and equipment (net) Other Assets Total other assets Total Assets
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