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help Homework Sad Help Save & Exit Submit Check my work Walker & Jackson reported the following accounts and amounts in millions) in its financial
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Homework Sad Help Save & Exit Submit Check my work Walker & Jackson reported the following accounts and amounts in millions) in its financial statements for the year ended November 30, 2018 5930 1,060 59e 1,220 4a 1,120 560 Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Allowance for Doubtful Accounts Cash and Cash Equivalents Conson Stock Deferred Revenue Equipment Income Taxes Payable Notes Payable (long-tera) Notes Receivable (long-term) Prepaid Rent Retained Earnings Service Revenue Short-Term Investments Software 2,140 8,430 40 3.57e 340 360 8,070 588 4,850 1,000 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 (.e. 10,000,000 should be entered as 10).) WALKER & JACKSON Balance Sheet wave CM Submit Check my work 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 (ie., 10,000,000 should be entered as 10).) WALKER & JACKSON Balance Sheet As of November 30, 2018 (in millions of dollars) Assets Current Assets Cash and Cash Equivalents Short-term Investments Accounts Receivable Allowance for Doubtful Accounts 0 Accounts Receivable, net of Allowance Total Current Assets Non-current Assets Equipment Accumulated Depreciation Equipment, net of Accumulated Depreciation Software Accumulated Amortization Software, net of Accumulated Amortization Total Assets $ 0 LLLL $ D software, het of Accumulated Amortization Total Assets Liabilities Current Liabilities Accounts Payable Deferred Revenue Income Tax Payable 0 Total Current Liabilities Non-current liabilities Notes Payable (long-term) Total Liabilities 0 Stockholders' Equity Common Stock Common Stock 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 0 Step by Step Solution
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