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e the adjusted trial balance for Stockton Company. Determine the current asset.
Stockton Company
Adjusted Trial Balance
December 31
Account
No.
Debit
Balances
Credit
Balances
Cash
11
6,000
Accounts Receivable
12
2,100
Prepaid Expenses
13
700
Equipment
18
13,700
Accumulated Depreciation
19
1,100
Accounts Payable
21
1,900
Notes Payable
22
4,300
Bob Steely, Capital
31
12,940
Bob Steely, Drawing
32
790
Fees Earned
41
9,250
Wages Expense
51
2,500
Rent Expense
52
1,960
Utilities Expense
53
775
Depreciation Expense
54
250
Miscellaneous Expense
59
185
Totals
29,490
29,490
a). $12,150rn
b). $15,730
c). $7,630
d). $8,100
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