Adjusted Trial Balance December 31 Cash 6,335 Accounts Receivable 2,100 Prepaid Expenses 705 Equipment 13,574 Accumulated Depreciation 7,184 Accounts Payable 1,581 Notes Payable 5,696 Common Stock 1,000 Retained Earnings 5,763 Dividends 702 Fees Earned 6,522 Wages Expense 2,889 Rent Expense 808 Utilities Expense 359 Depreciation Expense 194 Miscellaneous Expense 80 Totals 27,746 27,746 Determine the total assets. Oa. $15,530 Ob. $22,714 Oc. $27,746 Od. $6,763
Adjusted Trial Balance December 31 Cash 6,335 Accounts Receivable 2,100 Prepaid Expenses 705 Equipment 13,574 Accumulated Depreciation 7,184 Accounts Payable 1,581 Notes Payable 5,696 Common Stock 1,000 Retained Earnings 5,763 Dividends 702 Fees Earned 6,522 Wages Expense 2,889 Rent Expense 808 Utilities Expense 359 Depreciation Expense 194 Miscellaneous Expense 80 Totals 27,746 27,746 Determine the total assets. Oa. $15,530 Ob. $22,714 Oc. $27,746 Od. $6,763
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Adjusted Trial Balance
December 31
Cash
6,335
Accounts Receivable
2,100
Prepaid Expenses
705
Equipment
13,574
Accumulated Depreciation
7,184
Accounts Payable
1,581
Notes Payable
5,696
Common Stock
1,000
Retained Earnings
5,763
Dividends
702
Fees Earned
6,522
Wages Expense
2,889
Rent Expense
808
Utilities Expense
359
Depreciation Expense
194
Miscellaneous Expense
80
Totals
27,746
27,746
Determine the total assets.
Oa. $15,530
Ob. $22,714
Oc. $27,746
Od. $6,763
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