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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,930 Accounts Receivable 2,888 Prepaid Expenses 714

  1. The following is the adjusted trial balance for Stockton Company.

    Stockton Company Adjusted Trial Balance December 31
    Cash 6,930
    Accounts Receivable 2,888
    Prepaid Expenses 714
    Equipment 13,149
    Accumulated Depreciation 10,672
    Accounts Payable 1,685
    Notes Payable 5,436
    Common Stock 1,000
    Retained Earnings 2,557
    Dividends 783
    Fees Earned 7,449
    Wages Expense 2,782
    Rent Expense 874
    Utilities Expense 345
    Depreciation Expense 258
    Miscellaneous Expense 76
    Totals 28,799 28,799

    Determine the current assets.

    a.$3,557

    b.$28,799

    c.$10,532

    d.$13,009

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