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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 Cash 6,981 Accounts

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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 Cash 6,981 Accounts Receivable 2,384 Prepaid Expenses 758 Equipment 13,796 Accumulated Depreciation 10,495 Accounts Payable 1,602 Notes Payable 4,089 Common Stock 1,000 Retained Earnings 3,556 Dividends 631 Fees Earned 7,709 Wages Expense 2,501 Rent Expense 792 Utilities Expense 304 Depreciation Expense 199 Miscellaneous Expense 105

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