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please, I need answer ASAP! The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,748 Accounts
please, I need answer ASAP!
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,748 Accounts Receivable 2,430 Prepaid Expenses 788 Equipment 15,992 Accumulated Depreciation 8,259 Accounts Payable 1,464 Notes Payable 5,270 Common Stock 1,000 Retained Earnings 6,709 Dividends 767 Fees Earned 7,525 Wages Expense 2,981 Rent Expense 742 Utilities Expense 467 Depreciation Expense 256 Miscellaneous Expense 56 Totals 30,227 30,227 Determine the retained earnings ending balance. Oa. $3,023 Ob. $30.227 Oc. $8.965 Od. $7.709Step by Step Solution
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