preparation of balance sheet from given datathe


Preparation of balance sheet from given data.

The following items were taken from the 2004 financial statements of Texas Instruments, Inc. (All dollars are in millions.)

 Long-term debt 

$368

Cash 

$2,668

Common stock 

2,488

Accumulated depreciation 

5,655

Prepaid expenses 

326

Accounts payable 

1,444

Property, plant, and equipment 

9,573

Other noncurrent assets 

1,927

Other current assets 

554

Other noncurrent liabilities 

943

Other current liabilities 

470

Retained earnings 

10,575

Long-term investments 

264

Accounts receivable 

1,696

Long-term debt 

$368

Cash 

$2,668

Common stock 

2,488

Accumulated depreciation 

5,655

Prepaid expenses 

326

Accounts payable 

1,444

Property, plant, and equipment 

9,573

Other noncurrent assets 

1,927

Other current assets 

554

Other noncurrent liabilities 

943

Other current liabilities 

470

Retained earnings 

10,575

Long-term investments 

264

Accounts receivable 

1,696

Short-term investments 

3,690

Inventories 

1,256

Loans payable in 2005 

11

 

 

 

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Financial Accounting: preparation of balance sheet from given datathe
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