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Preiolus Page age Pag Question 4 (1 point) Listed below are year-end account balances (S in millions) taken from the records of Symphony Stor Debit

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Preiolus Page age Pag Question 4 (1 point) Listed below are year-end account balances (S in millions) taken from the records of Symphony Stor Debit Credit Accounts receivable-trade Building and equipment 730 920 34 30 16 Cash-checking Interest receivable Inventory Land Notes receivable (long-term) Petty cash fund Prepaid rent Supplies Trademark Accounts payable-trade Accumulated depreciation Additional paid-in capital Allowance for uncollectible accounts Cash dividends payable Common stock, at par Income tax payable Notes payable (long-term) Retained earnings Deferred revenues TOTALS 150 450 20 40 560 80 485 20 30 15 65 800 308 40 403 2.403 What would Symphony report as total assets? $2.338 millions. $2,303 millions 6 Question 5 (1 point) Listed below are year-end account balances (S in millions) taken from the records of Symphony Stores Debit Credit Accounts receivable-trade Building and equipment Cash checking Interest receivable Inventory 730 920 34 30 16 150 450 Notes receivable (long-term) Petty cash fund Prepaid rent Supplies Trademark 20 40 Accounts payable-trade 560 80 485 20 30 15 65 800 Additional paid-in capital Allowance for uncollectible accounts Cash dividends payable Common stock, at par Income tax payable Notes payable (long-term) Retained earnings Deferred revenues 308 40 TOTALS 403 What would Symphony report as total current asscts? $1,696 millions $843 millions 5 8 0 DFGH

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