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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 | |
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Total |
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