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9) Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Cash 6,211 Accounts
9) Use the adjusted trial balance for Stockton Company to answer the question that follows.
| Stockton Company Adjusted Trial Balance December 31 | ||
| Cash | 6,211 | |
| Accounts Receivable | 2,806 | |
| Prepaid Expenses | 736 | |
| Equipment | 13,417 | |
| Accumulated Depreciation | 10,189 | |
| Accounts Payable | 1,516 | |
| Notes Payable | 4,668 | |
| Common Stock | 1,000 | |
| Retained Earnings | 4,353 | |
| Dividends | 620 | |
| Fees Earned | 6,924 | |
| Wages Expense | 3,290 | |
| Rent Expense | 769 | |
| Utilities Expense | 434 | |
| Depreciation Expense | 269 | |
| Miscellaneous Expense | 98 | |
| 28,650 | 28,650 | |
Determine the total liabilities for the period.
a.$12,981
b.$5,353
c.$16,373
d.$6,184
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Prelude To Programming
Authors: Stewart Venit, Elizabeth Drake
6th Edition
013374163X, 978-0133741636
