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Stockton Company Adjusted Trial Balance December 31 Cash 6,373 Accounts Receivable 2,824 Prepaid Expenses 727 Equipment 13,608 Accumulated Depreciation 4,676 Accounts Payable 1,412 Notes Payable

  1. Stockton Company Adjusted Trial Balance December 31
    Cash 6,373
    Accounts Receivable 2,824
    Prepaid Expenses 727
    Equipment 13,608
    Accumulated Depreciation 4,676
    Accounts Payable 1,412
    Notes Payable 5,081
    Common Stock 1,000
    Retained Earnings 10,166
    Dividends 872
    Fees Earned 6,130
    Wages Expense 2,642
    Rent Expense 755
    Utilities Expense 390
    Depreciation Expense 182
    Miscellaneous Expense 92
    Totals 28,465 28,465

    Determine the retained earnings ending balance.

    a.$11,166

    b.$2,069

    c.$11,363

    d.$28,465

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