Question
Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,990 Accumulated depreciationequipment
Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.)
Common stock | $2,990 | Accumulated depreciationequipment | $4,380 | |||
---|---|---|---|---|---|---|
Prepaid rent | 160 | Accounts payable | 1,090 | |||
Equipment | 6,220 | Patents | 2,220 | |||
Stock investments (long-term) | 690 | Notes payable (long-term) | 970 | |||
Debt investments (short-term) | 1,950 | Retained earnings | 6,100 | |||
Income taxes payable | 170 | Accounts receivable | 1,870 | |||
Cash | 1,340 | Inventory | 1,250 |
Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)
TEXAS INSTRUMENTS, INC. Balance Sheet choose the accounting period For the Month Ended December 31, 2022December 31, 2022For the Year Ended December 31, 2022 (in millions) | ||||||
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Assets | ||||||
select an opening name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | $enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing name for subsection one Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Total Current Assets Total Liabilities | $enter a total amount for subsection one | |||||
select an opening name for subsection two Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | enter a dollar amount | |||||
select an opening name for subsection three Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | enter a dollar amount | |||||
select between addition and deduction Add Less :enter a balance sheet item | enter a dollar amount | enter a subtotal of the two previous amounts | ||||
select an opening name for subsection four Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing section name for this part of the balance sheet Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | $enter a total amount for this part of the balance sheet | |||||
Liabilities and Stockholders' Equity | ||||||
select an opening name for subsection one Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | $enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing name for subsection one Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Total Current Assets Total Liabilities | $enter a total amount for subsection one of the second part of the balance sheet | |||||
select an opening name for subsection two Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
select a balance sheet item | enter a dollar amount | |||||
select a closing name for section one Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | enter a total amount for this section of the balance sheet | |||||
select an opening name for section two Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | ||||||
enter a balance sheet item | enter a dollar amount | |||||
enter a balance sheet item | enter a dollar amount | |||||
select a closing name for section two Current Assets Current Liabilities Intangible Assets Long-Term Investments Long-Term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Liabilities Total Liabilities and Stockholders' Equity Total Stockholders' Equity Total Current Assets Total Liabilities | enter a total of the two previous amounts | |||||
select a closing name for this part of the balance sheet Current AssetsCurrent LiabilitiesIntangible AssetsLong-Term InvestmentsLong-Term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current LiabilitiesTotal Liabilities and Stockholders' EquityTotal Stockholders' EquityTotal Current AssetsTotal Liabilities | $enter a total amount for this part of the balance sheet |
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