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C ezto. Listed below are year-end account balances (in $ milions) taken from the records of Symphony Stores. All of these are permanent accounts, except
C ezto. Listed below are year-end account balances (in $ milions) taken from the records of Symphony Stores. All of these are permanent accounts, except the last two that have yet to be closed. The Installiment recelvables are current. Symphony uses a perpetual Inventory system Debit Credit Accounts recelvable-trade Building and equipment 697 924 52 Installment recevables nterest recelvable 34 18 Land Notes recelvable Long-ternm cash funds 10 Prepaid expenses (for coming year) Accounts payable-trade Accumulated depreclation Additional pald-in capital common 553 71 477 19 27 Allowance for uncolldctible Income tax payable Notes payable term Cash dvidends 121 TOTALS What is the amount of working capital for Symphony? O $196 millions O $230 millions. TB-ch02-7e-lA docK
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