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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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