Calculator The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,664 2,910 700 13,434 Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings 1,617 1,594 5,695 1,000 11,024 Dividends 754 Fees Eamed 8,026 3,172 700 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 375 169 78 Totals 28,956 28,956 All work saved. sty MacBook Air AGOUNES Receivable 2910 700 13,434 1,617 1,594 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 5,695 1,000 11,024 754 Fees Eamed 8,026 Wages Expense 3,172 700 375 Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 169 78 Totals 28,956 28,956 Determine the retained earnings ending balance. a. 528,956 Ob. 53,532 Oc. $12,034 Od. $13,902 All work saved BV MacBook Air Calculator The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $557 Fees Earned $3,145 Accounts receivable 826 Insurance Expense 473 Supplies 500 Rent expense 1,500 Prepaid Insurance 1,609 Land 2,868 Cash 2,158 Wages expense 552 Office equipment 1,800 Retained earnings 5,500 Dividends 761 Common stock 5,545 Unearned rent 1,600 Total assets are Oa. $9,761 Ob. 55.545 Oc. 53.541 Od. 53,145 All work saved SIV MacBook Air go COD F3 FS II F7 79 FVO okmarks People Tab Window Help Fri 8:17 PM Q Go Go GO My nc FAC Ke 1 Mic xe ce Pe G Assignment Main.do?invokeretakeAssignmentSession Locator Sinprogress=false Calculator Merchandise is sold for cash. The selling price of the merchandise is $2,700 and the sale is subject to a state sales tax. The Joumal entry to record the sale would include a credit to Os Sales for 2.3 Oh. Ca for $2,700 Oe Culor 2.0 Od Sex Toys Previous All work MacBook Air U 80 898 + A # 3 $ 4 % 5 & 7 00* 1 0 6 9 delete E R T Y U I OP D F G H KL kmarks People Tab Window Help 50% D Fri 8:18 PM CM ) Go Go ind AC Ke Xce ce Pe take Assignment Main.do?invokera&takeAssignmentSession LocatoreBinprogressefalse Calculator if total assets decreased by $48,825 during a period of time and stockholders' equity increased by $28,025 during the same period, then the amount and direction (increase or decrease of the period's change in total liabilities is OD. 576,350 G Oc. 576x50 cm Od 330704 Previous AL MacBook Air 00 .* Il w FM FE FS F3 FO A + # 3 $ 4 % 5 & 7 * O 6 9 de 0 E R T Y U 11 V Calculator December 31 6,943 2,787 693 14,175 Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Fees Eamed Wages Expense Rent Expense Utilities Epense Depreciation Expense Piscellaneous Expense Totals 11,770 1,603 4,093 1,000 4,372 947 6,743 2.492 860 353 269 62 29.581 29,581 Determine the net income (los) for the period. Ob 5.7 Od 2.70 Pro All work saved MacBook Air 80 F3 DOO - * 4 F7 FB F10 A $ 4 * 3 % 5 6 & 7 8 9 E R. Y
