M8-13 (Algo) Reporting Accounts and Notes Receivable in a Classified Balance Sheet [LO 8-2, LO 8-3] Dubey Companies Incorporated 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 Equipment Income Taxes Payable Notes Payable (long-term) Notes Receivable (long-term) Prepaid Rent Retained Earnings Service Revenue Short-Term Investments Software $ 920 1,040 580 1,210 30 1,110 550 2,140 8,330 30 3,470 330 350 7,970 570 4,750 990 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).) 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).) DUBEY COMPANIES INCORPORATED Balance Sheet As of November 30, 2018 (in millions of dollars) Assets Current Assets Accounts Receivable, net of Allowance Total Current Assets Non-current Assets 0 Equipment, net of Accumulated Depreciation Software, net of Accumulated Amortization Total Assets 0 Liabilities Current Liabilities Deferred Revenue 0 Total Current Liabilities Non-current liabilities Total Liabilities 0 Stockholders' Equity 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ 0