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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 No.
Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account Debit No. Balances Credit Balances Cash 11 5,124 Accounts Receivable 12 2,001 Prepaid Expenses 13 721 Equipment 18 15,475 Accumulated Depreciation 19 1,286 Accounts Payable 21 1,456 Notes Payable 22 5,315 Bob Steely, Capital 31 14,176 Bob Steely, Drawing 32 670 Fees Earned 41 6,555 Wages Expense 52 51 3,348 Rent Expense Utilities Expense 52 733 53 380 Depreciation Expense Miscellaneous Expense Totals 54 259 59 77 28,788 28,788 Use the adjusted trial balance for Stockton Company. Determine the total liabilities for the period. Oa. $6,771 Ob. $15,475 Oc. $1,456 Od. $5,315
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