20 1s and amounts on milion t fhunodal stateoments tor te ee

20 1s and amounts on milion t fhunodal stateoments tor te ee e een year ended November 30, s 790 Accounts Payable Accounts Receivable Accumulated Amortization 750 520 800 80 900 5,055 80 2.200 50 280 340 7,630 520 3,040 675 850 Allowance for Doubtful Acoounts Cash and Cash Equivalents Equipment Income Taxes Payable Notes Payable long-term) tsevable (long-lerm) Prepaid Rent Retained Eamings Service Revenue Short-term Investments Unearned Revenue Prepare the ourrent assets seation of its balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (Enter your answers in millions (ie. 10,000,000 should be entered as 10).) TERRACOTTA, INC Partial Balance Sheet As of November 30, 2013 (in millions of dollars) Assets Current Assets Cash and Cash Equivalents Shert-term Inve stments Allowance for Doubtful Accounts Accounts Recelvable, net of Allowance Prepaid Rent Total Current Assets ReferenceseBook &Resources; Financial Statement O Type here to search and

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Assets

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Current Assets
Cash and cash equivalents		900
Short term investments		3040
Accounts receivable	750
Allowances for doubtful debts	80
Net of Accounts receivable		870
Prepaid Rent		340
Total Current assets		5150