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TB MC Qu. 3-48 (Algo) Listed below are year-end account balances... Listed below are year-end...

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Accounting

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TB MC Qu. 3-48 (Algo) Listed below are year-end account balances... Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores Credit Book Debit 669 920 45 38 24 159 468 Print beferences 9 55 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 TOTALS 645 70 481 25 11 48 791 325 24 2,420 2,420 What would Symphony report as total assets? Multiple Choice Book Print O $1,542 millions erences $2,357 millions $2,427 millions $2,350 millions

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