Question: Listed below are year - end account balances ( $ in millions ) taken from the records of Symphomy Stores. table [ [ ,
Listed below are yearend account balances $ in millions taken from the records of Symphomy Stores.
tableDebit,CreditAccounts receivable,Building and equipment,CashInterest receivable,IrventoryLandNotes receivable longtermPrepaid rent,SuppliesTrademarkAccounts payable,,Accumulated depreciation,,Additional paidin capital,,Dividends payable,,Common stock at parIncome tax payable,,Notes payable longtermRetained earnings,,Deferred revenue,TOTALS
What would Symphony report as total shareholders' equity?
$ million.
$ million
$ million.
$ million.
The following partial balance sheet $ in thousands for Paisano Seafood Inc. is shown below.
tabletableAssetsLiabilities and EquityCurrent assets:,,Current liabilities:,Cash$ Accounts payable,$ Accounts receivable netOther current liabilities,Notes receivable,Total current liabilities,InventoryLongterm liabilities,Prepaid expenses,Total liabilities,Total current assets,Shareholders' equity:,Equipment netCommon stock,Retained earnings,Total shareholders' equity,Total assets,$ Total liabilities and equity,$
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