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The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,223   Accounts Receivable 2,767   Prepaid Expenses 689   Equipment 13,219   Accumulated Depreciation   2,941 Accounts Payable   1,709 Notes Payable   4,339 Common Stock   1,000 Retained Earnings   10,146 Dividends 701   Fees Earned   8,139 Wages Expense 3,197   Rent Expense 763   Utilities Expense 460   Depreciation Expense 200   Miscellaneous Expense 55   Totals 28,274 28,274 Determine the total assets

The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,223   Accounts Receivable 2,767   Prepaid Expenses 689   Equipment 13,219   Accumulated Depreciation   2,941 Accounts Payable   1,709 Notes Payable   4,339 Common Stock   1,000 Retained Earnings   10,146 Dividends 701   Fees Earned   8,139 Wages Expense 3,197   Rent Expense 763   Utilities Expense 460   Depreciation Expense 200   Miscellaneous Expense 55   Totals 28,274 28,274 Determine the total assets

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following is the adjusted trial balance for Stockton Company.

Stockton Company
Adjusted Trial Balance
December 31
Cash 6,223  
Accounts Receivable 2,767  
Prepaid Expenses 689  
Equipment 13,219  
Accumulated Depreciation   2,941
Accounts Payable   1,709
Notes Payable   4,339
Common Stock   1,000
Retained Earnings   10,146
Dividends 701  
Fees Earned   8,139
Wages Expense 3,197  
Rent Expense 763  
Utilities Expense 460  
Depreciation Expense 200  
Miscellaneous Expense 55  
Totals 28,274 28,274

Determine the total assets.

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