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Required: Prepare the asset section of a classified balance sheet for Hashey, Inc. The following is a list of account titles and amounts (in millions)
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- Prepare the asset section of a classified balance sheet for Hashey, Inc.
The following is a list of account titles and amounts (in millions) reported at December 27, 2015, by Hashey, Inc.
Accounts Receivable | $ | 1,138 | Equipment | $ | 510 | ||
Accumulated Amortization | 765 | Goodwill | 615 | ||||
Accumulated Depreciation | 520 | Inventories | 370 | ||||
Allowance for Doubtful Accounts | 47 | Land | 9 | ||||
Buildings | 260 | Licensing Rights | 1,855 | ||||
Cash and Cash Equivalents | 700 | Prepaid Rent | 375 | ||||
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