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need asap Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Credit Account
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Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Credit Account No. Debit Balances Balances Cash 11 5,515 12 2,425 13 767 Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation 18 14,757 19 1,323 Accounts Payable 21 1,537 Notes Payable 22 4,201 Bob Steely, Capital 31 13,105 Bob Steely, Drawing 32 601 Fees Earned 41 8,895 Wages Expense 51 3,483 Rent Expense 52 835 Utilities Expense 53 409 Depreciation Expense 54 201 Miscellaneous Expense 59 68 Totals 29,061 29,061 Use the adjusted trial balance for Stockton Company. Determine the owner's equity ending balance for the period. Use the adjusted trial balance for Stockton Company. Determine the owner's equity ending balance for the period. Oa. $16,403 Ob. $19,886 Oc. $21,130 Od. $20,295 Step by Step Solution
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