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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,095 Accounts Receivable 2,947 Prepaid Expenses 734

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

    Stockton Company Adjusted Trial Balance December 31
    Cash 6,095
    Accounts Receivable 2,947
    Prepaid Expenses 734
    Equipment 14,809
    Accumulated Depreciation 8,323
    Accounts Payable 1,403
    Notes Payable 4,681
    Common Stock 1,000
    Retained Earnings 7,339
    Dividends 679
    Fees Earned 7,413
    Wages Expense 3,322
    Rent Expense 845
    Utilities Expense 412
    Depreciation Expense 207
    Miscellaneous Expense 109
    Totals 30,159 30,159

    Determine the total assets.

    a.$30,159

    b.$16,262

    c.$24,585

    d.$8,339

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