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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable Building and equipment Cash
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 677 922 57 33 Inventory Land 19 156 Notes receivable (long-term) 451 Prepaid rent 35 Accumulated depreciation Supplies Trademark Accounts payable Additional paid-in capital Dividends payable Common stock (at par) Income tax payable Notes payable (long-term) 11 41 619 64 473 27 11 49 822 Retained earnings Deferred revenue TOTALS 307 30 2,402 2,402 What would Symphony report as total assets?
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