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se ajuste TICHOKEO company woons COTTON Stockton Company Adjusted Trial Balance December 31 Account No. Debit Credit Balances Balances Cash 11 6,530 Accounts Receivable 12

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se ajuste TICHOKEO company woons COTTON Stockton Company Adjusted Trial Balance December 31 Account No. Debit Credit Balances Balances Cash 11 6,530 Accounts Receivable 12 2,100 13 700 18 13,700 19 1,100 21 1,900 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Bob Steely, Capital Bob Steely, Drawing Fees Earned 22 4,300 31 12,940 32 790 41 9,250 51 2,500 Wages Expense Rent Expense 52 1,960 53 775 54 250 Utilities Expense Depreciation Expese Miscellaneous Expense 59 185 Email Instructor Acavad 12 2,100 13 700 18 13,700 19 Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable Bob Steely, Capital Bob Steely, Drawing 1,100 21 1,900 22 4,300 31 12,940 32 790 Fees Earned 41 9,250 51 2,500 52 1,960 53 775 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense Totals 54 250 59 185 29,490 29,490 Determine the net income (loss) for the period. a. Net income is $9.250. b. Net loss is $(5,670). c. Net income is $380. d. Net loss is S(790) Preve Emad Instructor

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