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Use the following information in the adjusted trial balance for Stockton Company to answer the following questions. Stockton Company Adiusted Trial Balance For the Year
Use the following information in the adjusted trial balance for Stockton Company to answer the following questions. Stockton Company Adiusted Trial Balance For the Year ended December 31, 20XX S 6,5 ash ccounts Receivable Prepaid Expenses Equipment 13,7 S 1,1 ccumulated Depreciation ccounts Payable otes Payable 1,9 4,3 12,94 Bob Steely, Capital Bob Steely, Withdrawals Fees Earned 9,2 ges Expense 2.5 Rent Expense tilities Expense preciation Expense iscellaneous Expense 25 18 Totals $29,4 29,4 Determine the Owner's Equity ending balance for the period A. $12,150 B. $15,730 C. $6,480 D. $21,400
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