Question
Required information The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Paradise Tropical Resorts
Required information The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Paradise Tropical Resorts at June 30, 2019. (Amounts are in millions.) Accounts Payable Accounts Receivable Cash Common Stock $ 1,890 490 4,050 14,200 Equipment 4,050 Income Tax Expense 490 Interest Expense 240 Notes Payable (long-term)) 1,850 Prepaid Rent 2,050 Ketained Earnings 4,500 Service Revenue 14,800 Short Term Investments Software 8,200 3,600. Required: 1. Prepare a classified balance sheet at June 30, 2019, (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) PARADISE TROPICAL RESORTS Balance Sheet At June 30, 2019
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