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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
- The following is the adjusted trial balance for Stockton Company.
- Stockton Company
- Adjusted Trial Balance
- 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
- Determine the total liabilities for the period.
a $15,030
b $7,966
c $22,779
d $6,568
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