i Data Table 39 Other liabilities ........$ Other assets .......... Expenses ............ Stockholders' equity .... 2...

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i Data Table 39 Other liabilities ........$ Other assets .......... Expenses ............ Stockholders equity .... 2 Revenue

Menu S2-13 (similar to) B Question Help gnments Homework Assume that Al Port Company reported the following summarized data a

business accounting

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Answer 1

Answer #1

Old Port Company

Trial Balance

December 31, 2016

	Balance (in millions)
Account Title	Debit	Credit
Other liabilities	-	2
Revenues		39
Other assets	20
Cash	5	-
Expenses	29	-
Accounts payable	-	6
Stockholders' equity	-	7
Total	54	54

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Answer 2

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