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Stockton Company Adjusted Trial Balance December 31 Cash6,207Accounts Receivable2,493Prepaid Expenses790Equipment14,447Accumulated Depreciation11,772Accounts Payable1,518Notes Payable4,068Common Stock1,000Retained Earnings3,753Dividends916Fees Earned7,465Wages Expense3,132Rent Expense766Utilities Expense486Depreciation Expense256Miscellaneous Expense83Totals29,57629,576 Determine the total assets.
Stockton Company Adjusted Trial Balance December 31Cash6,207Accounts Receivable2,493Prepaid Expenses790Equipment14,447Accumulated Depreciation11,772Accounts Payable1,518Notes Payable4,068Common Stock1,000Retained Earnings3,753Dividends916Fees Earned7,465Wages Expense3,132Rent Expense766Utilities Expense486Depreciation Expense256Miscellaneous Expense83Totals29,57629,576
Determine the total assets.
a. $12,165
b. $29,576
c. $4,753
d. $23,937
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
