Suppose the following items were taken from the December 31, 2017, assets section of the Concord...
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Suppose the following items were taken from the December 31, 2017, assets section of the Concord Corporation balance sheet. (All dollarsa are in millions) Inventory $17,210 Patents $11.400 Notes receivable-due after December 31, 2018 5,600 Buildings 21.630 Notes receivabie-due before December 31, 2018 315 Cash 7,300 Accumulated depreciation-buldings 13,380 Accounts receivable 5.530 Debt investments (short-term) 1.530 Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity) Concord Corporation Partial Balance Sheet December 31, 2017 (in millions) Assets Suppose the following items were taken from the December 31, 2017, assets section of the Concord Corporation balance sheet. (All dollarsa are in millions) Inventory $17,210 Patents $11.400 Notes receivable-due after December 31, 2018 5,600 Buildings 21.630 Notes receivabie-due before December 31, 2018 315 Cash 7,300 Accumulated depreciation-buldings 13,380 Accounts receivable 5.530 Debt investments (short-term) 1.530 Prepare the assets section of a classified balance sheet. (List the current assets in order of liquidity) Concord Corporation Partial Balance Sheet December 31, 2017 (in millions) Assets
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Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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