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12. Listed below are year-end account balances (in $ millions) taken from the records of Symphony Stores. Debit Credit Accounts receivabletrade 730 Building and equipment

12. Listed below are year-end account balances (in $ millions) taken from the records of Symphony Stores.

Debit

Credit

Accounts receivabletrade

730

Building and equipment

920

Cashchecking

34

Interest receivable

30

Inventory

16

Land

150

Notes receivable (long-term)

450

Petty cash fund

5

Prepaid rent

20

Supplies

8

Trademark

40

Accounts payabletrade

560

Accumulated depreciation

80

Additional paid-in capital

485

Allowance for uncollectible accounts

20

Cash dividends payable

30

Common stock, at par

15

Income tax payable

65

Notes payable (long-term)

800

Retained earnings

308

Deferred revenues

40

TOTALS

2,403

2,403

What would Symphony report as total current assets

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