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In: Accounting

Stockton Company Adjusted Trial Balance December 31 Cash 5,069 Accounts Receivable 2,127 Prepaid Expenses 670 Equipment...

Stockton Company
Adjusted Trial Balance
December 31
Cash 5,069
Accounts Receivable 2,127
Prepaid Expenses 670
Equipment 14,334
Accumulated Depreciation 2,046
Accounts Payable 1,548
Notes Payable 4,392
Common Stock 1,000
Retained Earnings 10,316
Dividends 717
Fees Earned 7,216
Wages Expense 2,185
Rent Expense 849
Utilities Expense 321
Depreciation Expense 172
Miscellaneous Expense 74
Totals 26,518 26,518

Determine the total assets.

$26,518

$20,154

$22,200

$11,316

Solutions

Expert Solution

Total Asset Are of $ 20,154,

Please comment for any explanatio,

Thanks,


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