Question
Use the following information in the adjusted trial balance for Stockton Company to answer the following question.cash $6530 accounts receivable 2,100 prepaid expense 700 equipment
Use the following information in the adjusted trial balance for Stockton Company to answer the following question.cash $6530 accounts receivable 2,100 prepaid expense 700 equipment 13,700 accumulated depreciation $1,100 accounts payable 1,900 notes payable 4,300 Bob Steely capital 12,940, Bob Steely withdraws 790, fees earned 9,250, Wages Expense 2,500, rent expense 1,960, utilities expense 775,depreciation expense 250, miscellaneous expense 18. totals 29,490 and 29,490. Determine the owners equity ending balance for the period. a)$6,480 b) $12,150 c) 15,730 and d)21,400? Part b is Determine the total assets a) $24,130, b) $23,030, c) 21,930, d) 15,830. part c is detemine the currnet assets a)$23,030 b) 8,630, c) 9,330, d) 21,930
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