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18 Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable Building and equipment
18 Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable Building and equipment Cash Interest receivable 665 927 45 45 Inventory Land 29 155 Notes receivable (long-term) 454 Prepaid rent Supplies 26 12 Trademark 53 Accounts payable 562 Accumulated depreciation 74 Additional paid-in capital 481 Dividends payable 22 Common stock (at par) 13 Income tax payable 49 Notes payable (long-term) 853 Retained earnings 320 Deferred revenue 37 TOTALS 2,411 2,411 What is the amount of working capital for Symphony?
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