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Prepare a classified balance sheet at September 30, 2013 [The following information applies to the questions displayed below.] The following accounts are taken from the

Prepare a classified balance sheet at September 30, 2013

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[The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Paradise Resorts. at September 30, 2013 (Amounts are in millions.) Accounts Payable Cash Common Stock Equipment Income Tax Expense Interest Expense Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Service Revenue Short-term Investments Software $ 830 3,950 13,800 3,850 470 220 1,750 470 1,950 4,300 13,800 8,000 3,400 M2-22 Part 1 Required 1. Prepare a classified balance sheet at September 30, 2013. (Enter your answers in millions.) PARADISE RESORTS Balance Sheet (in millions) Assets Liabilities Current Assets Current Liabilities 0

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