Question
Green Corporation reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2018. Accounts Payable Accounts
Green Corporation reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2018. Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Cash and Cash Equivalents Common Stock Deferred Revenue $ 1,020 1, 240 680 1, 310 50 1,210 650 2,300 Equipment 9, 330 Income Taxes Payable 50 Notes Payable (long-term) 4,470 Notes Receivable (long-term) 430 Prepaid Rent 450 Retained Earnings 8,970 Service Revenue 670 Short-Term Investments 5,750 1,090 Software Required: Prepare a classified balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (One of the accounts does not belong on the balance sheet.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) GREEN CORPORATION
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