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Stockton Company Adjusted Trial Balance December 31 Cash 6,003 2,684 Accounts Receivable 739 Prepaid Expenses Equipment Accumulated Depreciation 13,762 Accounts Payable 3,831 1,539 4,639 1,000
Stockton Company Adjusted Trial Balance December 31 Cash 6,003 2,684 Accounts Receivable 739 Prepaid Expenses Equipment Accumulated Depreciation 13,762 Accounts Payable 3,831 1,539 4,639 1,000 Notes Payable Common Stock Retained Earnings 11,140 Dividends 604 Fees Earned 6,555 3,186 866 Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense 476 270 114 Totals 28,704 28,704 Determine the net income (loss) for the period. Oa. Net income $1,039 Ob. Net loss $1,039 Oc. Net loss $1,643 Od. Net income $1,643
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