Business
Business, 20.06.2020 23:57, keilahkimbrough8

Listed below are year-end account balances (in $millions) taken from the records of Symphony Stores. Debit Credit Accounts receivable-trade 694 Building and equipment 928 Cash-checking 38 Interest receivable 41 Inventory 28 Land 158 Notes receivable (long-term) 459 Petty cash fund 8 Prepaid rent 28 Supplies 10 Trademark 56 Accounts payable-trade 648 Accumulated depreciation 64 Additional paid-in capital 479 Allowance for uncollectible accounts 15 Cash dividends payable 25 Common stock, at par 13 Income tax payable 59 Notes payable (long-term) 824 Retained earnings 300 Deferred revenues 21 TOTALS 2,448 2,448 What would Symphony report as total shareholders' equity

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Listed below are year-end account balances (in $millions) taken from the records of Symphony Stores....

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