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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash6,829Accounts Receivable2,662Prepaid Expenses774Equipment13,912Accumulated Depreciation1,398Accounts Payable1,450Notes Payable5,118Common Stock1,000Retained Earnings14,030Dividends745Fees

  1. The following is the adjusted trial balance for Stockton Company.
  2. Stockton Company
  3. Adjusted Trial Balance
  4. December 31Cash6,829Accounts Receivable2,662Prepaid Expenses774Equipment13,912Accumulated Depreciation1,398Accounts Payable1,450Notes Payable5,118Common Stock1,000Retained Earnings14,030Dividends745Fees Earned6,351Wages Expense2,878Rent Expense794Utilities Expense451Depreciation Expense249Miscellaneous Expense53Totals29,34729,347
  5. Determine the total liabilities for the period.

a $15,030

b $7,966

c $22,779

d $6,568

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