The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,593 Accounts Receivable 2,839 Prepaid Expenses 743 Equipment 14,064 Accumulated Depreciation 8,903 Accounts Payable 1,645 Notes Payable 4,710 Common Stock 1,000 Retained Earnings 4,790 Dividends 840 Fees Earned 7,910 Wages Expense 3,416 Rent Expense 759 Utilities Expense 473 Depreciation Expense 160 Miscellaneous Expense 71 Totals 28,958 28,958 Determine the retained earnings ending balance. a, $28,958 b. $5.790 -$3,031 056.98 nline X Calculator Which of the following is true of the first dlosing entry? a. Retained Earnings may be debited or credited. Ob. Retained Earnings is always credited. @c. Retained Earnings is always debited. O d. Retained Earnings is not involved in the entry. Calculator Alpha Company has current assets of $74,524, total assets of $203,310, total net income of $67,913, current liabilities of $60,100, and total liabilities of What is Alpha Company's current ratio? Round your answer to two decimal places. What is the goal of the closing process? a. to verify that all adjustments have been made b. to move all equity accounts to Retained Earnings Oc. to make sure all temporary accounts have a zero balance d. to end the accounting period with a profit