Google Inc. (Alphahet Inc. CONSOLIDATED BALANCE SHEETS (In millions, except shareand par val ue amounts which arereflectad in thousands, and par value pershare amounts) Asef Dec ember 31, 2016 As of December 31, D17 Ases Cuent assets Cash and cash equivalents Marketable securilies 12918 73,415 10,715 91,156 Total cash, cash equivalents, and murketable securilies Accounts eceivable, net of allowance of $467 nd $674 86,333 14,137 101,871 18,336 Income taxes eceivable, net 95 369 Immtory 268 749 Other current ae 4,575 105,408 2,983 124,308 Total current aets Non-marke table imvestments Deerrad income tats 5,878 7,813 383 680 Property and equipment, et Intangible assets, et 34,234 42,383 2,602 3,307 Goodwill 16.747 16.468 1,819 Other non-curent ets 2,62 Total asets 167,497 197,295 Lubls nd Stakhden' Equity Curent liabilities Accounts pay able Accned compensation und beefits Accred expenses and other curent liabilities 2041 3,137 3,976 6,144 4,581 10,177 Accned Evenue share Delermd venue 2942 1099 3,95 1,432 Income taxes payahle, net Total currmt liabilities 554 881 16J56 24.183 Long-erm debt Deerrad revenue, non-curent 3,935 3,969 202 340 Income taes payable, nos-current Delerred income a Ocher kng-temm liabilities Total liabilies 4,677 12812 226 430 2665 3,009 28,461 44,793 Commitments und contingencies Slockholden aquity: Comvertible peemed stock, So001 pur value per share, 100,00 shares authorized, no shares issed and oustanding Class A and Class B common stock, and CasC capital stock nd additional paid in capilal, DD1 par valar per share: 1500,00 shares authorized (Class A 9p00,000, Class B 3,000,0o, ClassC 3p00,00, 691,293 (Clas A 296.992, Class B 47,437, ClassC 346,364) and e94,783 (Class A 298,470, Clas B 46,72 ClassC 349,341) shaes issued and outstanding Accumulated other compmhersive los Retainad eanings Toal sockholders equity Total liabililies and stockhokdern' equity 36,307 40.247 (2402) 105,131 992) 113,247 152.02 139036 167497 197,295 "Google is part of Alphabet, but we looely Eer io Alphahet as "Google" becase of its glohal familiarity and that Google provides 995 ol Alphabet's $110,855 billion in evenes See accompanying nokes

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter8: Liabilities And Stockholders' Equity
Section: Chapter Questions
Problem 8.21E
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Review Google’s balance sheet in Appendix A. Identify the amount for property and equipment. What adjusting entry is necessary (no numbers required) for this account when preparing financial statements?

Google Inc. (Alphahet Inc.
CONSOLIDATED BALANCE SHEETS
(In millions, except shareand par val ue amounts which arereflectad in thousands,
and par value pershare amounts)
Asef
Dec ember 31, 2016
As of
December 31, D17
Ases
Cuent assets
Cash and cash equivalents
Marketable securilies
12918
73,415
10,715
91,156
Total cash, cash equivalents, and murketable securilies
Accounts eceivable, net of allowance of $467 nd $674
86,333
14,137
101,871
18,336
Income taxes eceivable, net
95
369
Immtory
268
749
Other current ae
4,575
105,408
2,983
124,308
Total current aets
Non-marke table imvestments
Deerrad income tats
5,878
7,813
383
680
Property and equipment, et
Intangible assets, et
34,234
42,383
2,602
3,307
Goodwill
16.747
16.468
1,819
Other non-curent ets
2,62
Total asets
167,497
197,295
Lubls nd Stakhden' Equity
Curent liabilities
Accounts pay able
Accned compensation und beefits
Accred expenses and other curent liabilities
2041
3,137
3,976
6,144
4,581
10,177
Accned Evenue share
Delermd venue
2942
1099
3,95
1,432
Income taxes payahle, net
Total currmt liabilities
554
881
16J56
24.183
Long-erm debt
Deerrad revenue, non-curent
3,935
3,969
202
340
Income taes payable, nos-current
Delerred income a
Ocher kng-temm liabilities
Total liabilies
4,677
12812
226
430
2665
3,009
28,461
44,793
Commitments und contingencies
Slockholden aquity:
Comvertible peemed stock, So001 pur value per share, 100,00 shares
authorized, no shares issed and oustanding
Class A and Class B common stock, and CasC capital stock nd
additional paid in capilal, DD1 par valar per share: 1500,00
shares authorized (Class A 9p00,000, Class B 3,000,0o,
ClassC 3p00,00, 691,293 (Clas A 296.992, Class B 47,437,
ClassC 346,364) and e94,783 (Class A 298,470, Clas B 46,72
ClassC 349,341) shaes issued and outstanding
Accumulated other compmhersive los
Retainad eanings
Toal sockholders equity
Total liabililies and stockhokdern' equity
36,307
40.247
(2402)
105,131
992)
113,247
152.02
139036
167497
197,295
"Google is part of Alphabet, but we looely Eer io Alphahet as "Google" becase of its glohal
familiarity and that Google provides 995 ol Alphabet's $110,855 billion in evenes
See accompanying nokes
Transcribed Image Text:Google Inc. (Alphahet Inc. CONSOLIDATED BALANCE SHEETS (In millions, except shareand par val ue amounts which arereflectad in thousands, and par value pershare amounts) Asef Dec ember 31, 2016 As of December 31, D17 Ases Cuent assets Cash and cash equivalents Marketable securilies 12918 73,415 10,715 91,156 Total cash, cash equivalents, and murketable securilies Accounts eceivable, net of allowance of $467 nd $674 86,333 14,137 101,871 18,336 Income taxes eceivable, net 95 369 Immtory 268 749 Other current ae 4,575 105,408 2,983 124,308 Total current aets Non-marke table imvestments Deerrad income tats 5,878 7,813 383 680 Property and equipment, et Intangible assets, et 34,234 42,383 2,602 3,307 Goodwill 16.747 16.468 1,819 Other non-curent ets 2,62 Total asets 167,497 197,295 Lubls nd Stakhden' Equity Curent liabilities Accounts pay able Accned compensation und beefits Accred expenses and other curent liabilities 2041 3,137 3,976 6,144 4,581 10,177 Accned Evenue share Delermd venue 2942 1099 3,95 1,432 Income taxes payahle, net Total currmt liabilities 554 881 16J56 24.183 Long-erm debt Deerrad revenue, non-curent 3,935 3,969 202 340 Income taes payable, nos-current Delerred income a Ocher kng-temm liabilities Total liabilies 4,677 12812 226 430 2665 3,009 28,461 44,793 Commitments und contingencies Slockholden aquity: Comvertible peemed stock, So001 pur value per share, 100,00 shares authorized, no shares issed and oustanding Class A and Class B common stock, and CasC capital stock nd additional paid in capilal, DD1 par valar per share: 1500,00 shares authorized (Class A 9p00,000, Class B 3,000,0o, ClassC 3p00,00, 691,293 (Clas A 296.992, Class B 47,437, ClassC 346,364) and e94,783 (Class A 298,470, Clas B 46,72 ClassC 349,341) shaes issued and outstanding Accumulated other compmhersive los Retainad eanings Toal sockholders equity Total liabililies and stockhokdern' equity 36,307 40.247 (2402) 105,131 992) 113,247 152.02 139036 167497 197,295 "Google is part of Alphabet, but we looely Eer io Alphahet as "Google" becase of its glohal familiarity and that Google provides 995 ol Alphabet's $110,855 billion in evenes See accompanying nokes
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