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Question Content Area Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 3 1

Question Content Area
Use the adjusted trial balance for Stockton Company to answer the question that follows.
Stockton Company
Adjusted Trial Balance
December 31
Line Item Description Amount Amount
Cash 6,163
Accounts Receivable 2,451
Prepaid Expenses 627
Equipment 14,869
Accumulated Depreciation 12,639
Accounts Payable 1,556
Notes Payable 4,121
T. Rawlings, Capital 3,688
T. Rawlings, Drawing 911
Fees Earned 7,491
Wages Expense 2,910
Rent Expense 796
Utilities Expense 482
Depreciation Expense 163
Miscellaneous Expense 123
Total 29,49529,495
Determine the total assets.
a. $29,495
b. $24,110
c. $3,688
d. $11,471

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