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Suppose the following items are taken from the 2017 balance sheet of Bonita Industries (All dollars are in millions.) Goodwill Common stock Equipment Accounts payable
Suppose the following items are taken from the 2017 balance sheet of Bonita Industries (All dollars are in millions.) Goodwill Common stock Equipment Accounts payable Patents Stock investments (long-term) Accounts receivable Prepaid rent Debt investments (short-term) Retained earnings Cash Notes payable (long-term) Unearned sales revenue Accumulated depreciation-equipment $4,030 6,450 2,210 130 220 3,390 1,140 220 1,220 6,680 2,170 750 400 190 Prepare a classified balance sheet for Bonita Industries as of December 31, 2017. (List current assets in order of liquidity.) Bonita Industries Balance Sheet Amounts are in millions ions Assets Liabilities and Stockholders' Equity
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