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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,145 Accounts Receivable 2,903 Prepaid Expenses
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,145 Accounts Receivable 2,903 Prepaid Expenses 648 Equipment 13,803 Accumulated Depreciation 6,424 Accounts Payable 1,595 Notes Payable 5,671 Common Stock 1,000 Retained Earnings 7,413 Dividends 891 Fees Earned 7,295 Wages Expense Rent Expense Utilities Expense 3,435 822 449 Depreciation Expense Miscellaneous Expense Totals 229 73 29,398 29,398 Determine the retained earnings ending balance. Oa. $8,809 Ob. $8,413 Oc. $2,287 Od. $29,398
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