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Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account Debit Credit No.
Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account Debit Credit No. Balances Balances i Cash 11 5,725 Accounts Receivable 12 2,957 Prepaid Expenses 13 660 Equipment 18 13,876 Accumulated Depreciation 19 1,391 Accounts Payable 21 1,560 Notes Payable 22 5,033 Bob Steely, Capital 31 13,647 Bob Steely, Drawing 32 904 Fees Earned 41 6,270 Wages Expense 51 2,350 Rent Expense 52 807 Utilities Expense 53 338 Depreciation Expense 54 170 Accounts Payable 21 1,560 Notes Payable 22 5,033 Bob Steely, Capital 31 13,647 Bob Steely, Drawing 32 904 Fees Earned 41 6,270 Wages Expense 51 2,350 Rent Expense 52 807 Utilities Expense 53 338 Depreciation Expense 54 170 Miscellaneous Expense 59 114 27,901 27,901 Totals Determine the total liabilities for the period. Oa. $6.593 Ob. $1.560 Oc. $5,033 Od. $13,876
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