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Listed below is information from the records of Symphony Stores (in millions) before closing entries . Cash $ 24 Accounts Receivable 9 Inventory 4 Rent
Listed below is information from the records of Symphony Stores (in millions) before closing entries.
Cash | $ | 24 | |
Accounts Receivable | 9 | ||
Inventory | 4 | ||
Rent expense | 9 | ||
Equipment | 130 | ||
Service revenue | 60 | ||
Selling and general expenses | 40 | ||
Dividends | 6 | ||
Accounts payable | 10 | ||
Common stock | 136 | ||
Retained earnings | 16 | ||
What is the amount of total shareholders equity?
Multiple Choice
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$157 million.
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$21 million.
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$152 million.
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$137 million.
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