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Type or paste question here E2-6B Exercise 5 Suppose the following items were taken from the 2014 financial statements of Texas Instruments, Inc. (All dollars
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E2-6B Exercise 5 Suppose the following items were taken from the 2014 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock Prepaid rent Equipment Income taxes payable Stock investments (long-term) Debt investments (short-term) Cash $2,671 Accumulated depreciationequipment 834 Accounts payable 7,568 Patents 657 Notes payable (long-term) 267 Retained earnings 1,596 Accounts receivable 1,328 Inventory $3,959 1,368 1,873 667 7,304 1,742 1,418 Instructions Prepare a classified balance sheet in good form as of December 31, 2014Step by Step Solution
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