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Required information [The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Facebook Inc. at September
Required information [The following information applies to the questions displayed below.] The following accounts are taken from the financial statements of Facebook Inc. at September 30, 2016. (Amounts are in millions.) Accounts Payable Accounts Receivable Cash Common Stock Equipment Income Tax Expense Interest Expense Notes Payable (long-term) Prepaid Rent Retained Earnings Service Revenue Short-Term Investments Software 2,600 3,100 6,000 15,700 7,900 790 50 3,000 1,100 38,400 7,000 20,100 21,500 Required: 1. Prepare a classified balance sheet at September 30, 2016, Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) FACEBOOK, INC
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