FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The following is the adjusted trial balance for Stockton Company.

Stockton Company
Adjusted Trial Balance
December 31
Cash 5,989  
Accounts Receivable 2,669  
Prepaid Expenses 760  
Equipment 13,968  
Accumulated Depreciation   2,945
Accounts Payable   1,573
Notes Payable   4,521
Common Stock   1,000
Retained Earnings   10,829
Dividends 693  
Fees Earned   7,740
Wages Expense 3,157  
Rent Expense 708  
Utilities Expense 389  
Depreciation Expense 221  
Miscellaneous Expense 54  
Totals 28,608 28,608

Determine the total assets.

a.$11,829
b.$20,441
c.$23,386
d.$28,608
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