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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 5,338 Accounts
please, I need answer ASAP!
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,338 Accounts Receivable 2,744 Prepaid Expenses 636 Equipment 13,898 Accumulated Depreciation 10,485 Accounts Payable 1,413 Notes Payable 4,284 Common Stock 1,000 Retained Earnings 3,148 Dividends 72.5 Fees Earned 7,872 7,872 Wages Expense 3,467 Rent Expense 754 Utilities Expense 301 Depreciation Expense 251 Miscellaneous Expense 88 Totals 28,202 28,202 Determine the total liabilities for the period. O $16,182 O $12,131 O $5,697 0 $4,148Step by Step Solution
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