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Stockton Company Adjusted Trial Balance December 31 Cash 5,166 Accounts Receivable 2,439 629 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable 14,700 6,807 1,735 Notes Payable

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Stockton Company Adjusted Trial Balance December 31 Cash 5,166 Accounts Receivable 2,439 629 Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable 14,700 6,807 1,735 Notes Payable 5,173 Common Stock 1,000 Retained Earnings 5,984 Dividends 907 Fees Earned 7,906 3,306 807 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 353 199 99 28,605 28,605 Determine the retained earnings ending balance. a. $28,605 b. $6,984 c. $8,219 d. $3,142 Adjusted Trial Balance December 31 Cash 6,001 Accounts Receivable 2,380 Prepaid Expenses 659 13,039 Equipment Accumulated Depreciation Accounts Payable 2,511 1,616 Notes Payable 4,370 Common Stock 1,000 Retained Earnings 10,001 Dividends 938 Fees Earned 7,941 2,767 836 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 487 250 82 27,439 27,439 Determine the total assets. a. $22,079 b. $11,001 c. $27,439 @d. $19,568

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