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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 No. Debit Balances

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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 No. Debit Balances Credit Balances Cash 11 6,430 Accounts Receivable 12 2,932 Prepaid Expenses 13 603 Equipment 18 14,387 Accumulated Depreciation 19 1,355 Accounts Payable 21 1,427 Notes Payable 22 5,145 Bob Steely, Capital 31 15,592 Bob Steely, Drawing 32 950 Fees Earned 41 6,470 Wages Expense 51 3,133 Rent Expense 52 858 Utilities Expense 53 415 Depreciation Expense 54 208 Miscellaneous Expense 59 73 Totals 29,989 29,989 Use the adjusted trial balance for Stockton Company. Determine the total assets. Use the adjusted trial balance for Stockton Company. Determine the total assets. a. $24,352 b. $25,779 c. $22,997 d. $23,749

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