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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Credit Debit 672 938 44 38 20 160 479
Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Credit Debit 672 938 44 38 20 160 479 22 9 48 Accounts receivable Building and equipment Cash Interest receivable Inventory Land Notes receivable (long-term) Prepaid rent Supplies Trademark Accounts payable Accumulated depreciation Additional paid-in capital Dividends payable Common stock (at par) Income tax payable Notes payable (long-term) Retained earnings Deferred revenue TOTALS What would Symphony report as total assets? $2440 millions. $1513 millions. $2376 millions. $2366 millions. 592 64 485 22 14 62 844 305 33 2440 2440
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