Listed below are year-end account balances ($ in millions) taken from the records of symphony stores. debit credit accounts receivable-trade 696 building and equipment 928 cash-checking 47 interest receivable 38 inventory 21 land 163 notes receivable (long-term) 457 petty cash fund 7 prepaid rent 27 supplies 9 trademark 54 accounts payable-trade 633 accumulated depreciation 72 bonds payable (short-term) 479 allowance for doubtful accounts 17 dividends payable 26 common stock 12 income tax payable 50 notes payable (long-term) 811 retained earnings 316 unearned revenues 31 totals 2447 2447 what would symphony report as total current assets?

Suppose rebecca needs a dog sitter so that she can travel to her sister’s wedding. rebecca values dog sitting for the weekend at $200. susan is willing to dog sit for rebecca so long as she receives at least $175. rebecca and susan agree on a price of $185. suppose the government imposes a tax of $30 on dog sitting. the tax has made rebecca and susan worse off by a total of

Discuss the positive and negative effects of the north american free trade agreement on the united states. support your conclusions with examples and evidence from the lesson.

The ledger of laurie rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit prepaid insurance $ 5,400 supplies $ 4,500 equipment 40,000 accumulated depreciation—equipment $12,600 notes payable 25,000 unearned rent revenue 11,100 rent revenue 90,000 interest expense –0– salaries and wages expense 20,000 an analysis of the accounts shows the following. 1. the equipment depreciates $600 per month. 2. two-thirds of the unearned rent revenue was earned during the quarter. 3. the note payable is dated january 1 and bears 12% interest. 4. supplies on hand total $800. 5. the insurance policy is a two-year policy dated january 1. instructions: a. prepare the adjusting entries at march 31, assuming that adjusting entries are made quarterly. additional accounts are: depreciation expense, insurance expense, interest payable, and supplies expense. b. compute the ending balances for prepaid insurance, unearned rent revenue, and rent revenue, and indicate in which financial statement those items will be reported.