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Exercise 2-6 suppose the following items were taken from the 2017 financial statements of Bonita Industries. (All dollars are in millions.) Accumulated depreciation- 2,630 Prepaid

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Exercise 2-6 suppose the following items were taken from the 2017 financial statements of Bonita Industries. (All dollars are in millions.) Accumulated depreciation- 2,630 Prepaid rent 160 Accounts payable 1,710 Equipment 6,760 Patents Stock investments (long 660 Notes payable (long-term) term) 850 Debt investments (short- 1,840 Retained earnings Income taxes payable 150 Accounts receivable 1,700 1,190 1,270 Prepare a classified balance sheet in good form as of December 31, 2017. (List current assets in order of liquidity.) ndustries Bonita I Balance Sheet in millions) a PRINTER VERs

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