Which you would find each of the items listed below

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Reference no: EM131020723

30. Fill in the blanks to complete Procter & Gamble’s Income Statement ($ millions).

Procter & Gamble

Income Statement

For Year Ended June 30, 2011

Sales $ ?

Expenses 67,370

Earnings before income taxes 15,189

Income taxes ?

Net earnings $ 11,797

Fill in the blanks to complete the Procter & Gamble Balance Sheet ($ millions).

Procter & Gamble Balance Sheet June 30, 2011
Cash	$ 2,768	Current liabilities	$ ?
Non-cash assets	?	Long-term liabilities	43,060
		Shareholders’ equity	68,001
Total assets	$ ?	Total liabilities and equity	$138,354

Identify the financial statements in which you would find each of the items listed below. Some items may appear on more than one statement. Indicate all financial statements that apply to each item. The possible choices are:

B :	Balance sheet
SE :	Statement of Stockholders’ Equity
I :	Income Statement
CF :	Statement of Cash Flows

Financial Statement Item	Financial Statement
a. Office building
b. Trademarks
c. Dividends
d. Proceeds of sale of investments
e. Repayments of bank loan
f. Treasury stock

Reference no: EM131020723

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