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

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

 

What would Symphony report as total assets?



Multiple Choice

$2,403 millions.


$2,464 millions.


$1,538 millions.


$2,398 millions. 

Answer

$2,398 millions. 

Explanation

Total assets: $678  + ($938 - $61) + $55 + $49 + $24 + $160 + $473 +$21 + $9 + $52 = $2,398

Thanks