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Account Debit Balances Credit Balances No. Cash 11 5,412 Accounts Receivable 12 2,641 Prepaid Expenses 13 625 18 15,854 Equipment Accumulated Depreciation 19 1,409 Accounts

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Account Debit Balances Credit Balances No. Cash 11 5,412 Accounts Receivable 12 2,641 Prepaid Expenses 13 625 18 15,854 Equipment Accumulated Depreciation 19 1,409 Accounts Payable 21 1,621 Notes Payable 22 4,949 31 13,573 Bob Steely, Capital Bob Steely, Drawing 32 766 Fees Earned 41 8,342 Wages Expense 51 3,102 Rent Expense 52 731 Utilities Expense 53 463 Depreciation Expense 54 193 Miscellaneous Expense 59 107 Totals 29,894 29,894 Use the adjusted trial balance for Stockton Company. Determine the current assets. a. 58,678 b. $23,123 c. $8,053 d. $29,894

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