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Assume that Old PortOld Port Company reported the following summarized data at December 31, 2016. Accounts appear in no particular order; dollar amounts are in

Assume that Old PortOld Port Company reported the following summarized data at December 31,

2016. Accounts appear in no particular order; dollar amounts are in millions.

The data:

Other liabilities. . . . . . . .

$3

Revenues. . . . . . . . . . . .

$39

Other assets. . . . . . . . . .

23

Cash. . . . . . . . . . . . . . . .

4

Expenses. . . . . . . . . . . .

27

Accounts payable. . . . . .

5

Stockholders' equity. . . .

7

Old Port Company

Trial Balance

December 31, 2016

Balance (in millions)

Account Title

Debit

Credit

Total

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