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Stockton Company Adjusted Trial Balance December 31 Account No. Debit Credit Balances Balances Cash 11 6,373 Accounts Receivable 12 2,201 Prepaid Expenses 13 602 Equipment

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Stockton Company Adjusted Trial Balance December 31 Account No. Debit Credit Balances Balances Cash 11 6,373 Accounts Receivable 12 2,201 Prepaid Expenses 13 602 Equipment 18 15,958 Accumulated Depreciation 19 1,308 21 1,754 22 5,502 31 13,581 32 770 41 7,884 Accounts Payable Notes Payable Bob Steely, Capital Bob Steely, Drawing Fees Earned Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 51 2,540 52 848 53 420 54 230 59 87 Totals 30,029 30,029 Determine the total liabilities for the period. a. $15,958 b. $1,754 c. $7,256 d. S5,502

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