Listed below are year end account balances ($ in millions) taken from the records of...
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Listed below are year end account balances ($ in millions) taken from the records of Symphony Stores, Debit Credit 680 934 54 49 18 163 491 25 8 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 46 664 76 476 23 13 60 835 284 37 TOTALS 2,468 2,468 What would Symphony report as total assets? Multiple Choice $1,540 millions O $2,400 millions $2,476 millions. $2.392 millions. C
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