Question: Test 1 (Ch 1-4), max 280,75 mins Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores 2 Credit
Test 1 (Ch 1-4), max 280,75 mins Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores 2 Credit 2 01:08:04 Debit 666 937 48 35 34 151 465 27 9 41 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 573 66 479 27 12 48 841 328 39 2,413 2,413 2,413 What would Symphony report as total shareholders' equity? Multiple Choice O $846 milions $1,660 millions O $792 millions O $813 millions
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
