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Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 3 1 Line Item Description

Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company
Adjusted Trial Balance
December 31
Line Item Description Amount Amount
Cash 6,840
Accounts Receivable 2,696
Prepaid Expenses 627
Equipment 14,262
Accumulated Depreciation 10,181
Accounts Payable 1,468
Notes Payable 5,165
Common Stock 1,000
Retained Earnings 3,161
Dividends 894
Fees Earned 7,851
Wages Expense 2,210
Rent Expense 725
Utilities Expense 324
Depreciation Expense 197
Miscellaneous Expense 51
Total 28,82628,826
Determine the total liabilities for the period.

  

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