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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Credit Accounts receivable Building and equipment Cash Interest receivable

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Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Credit 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 Debit 670 928 52 39 19 164 484 27 12 58 627 77 475 26 11 60 832 313 32 TOTALS 2,453 2,453 What would Symphony report as total assets? Multiple Choice $2,376 millions $2,462 millions $2,385 millions Multiple Choice $2,376 millions $2,462 millions $2,385 millions $1,528 millions

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