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Listed below are year-end account balances (in $millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable-trade 9 687 Building and equipment 939

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Listed below are year-end account balances (in $millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable-trade 9 687 Building and equipment 939 Cash-checking 52 47 Interest receivable 19 Inventory 162 Land Notes receivable (long-term) 473 Petty cash fund Prepaid rent 37 Supplies 11 Trademark 51 Accounts payable-trade Accumulated depreciation 669 76 Additional paid-in capital 467 Allowance for uncollectible 15 accounts 21 Cash dividends payable 12 Common stock, at par 53 Income tax payable Notes payable (long-term) 815 320 Retained earnings 38 Deferred revenues 2,486 2,486 TOTALS What would Symphony report as total current assets? 1 of 28 KPrev Type here to search

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