Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton CompanyAdjusted Trial BalanceDecember 31     AccountNo. DebitBalances CreditBalances Cash 11 5,074     Accounts Receivable 12 2,877     Prepaid Expenses 13 777     Equipment 18 15,351     Accumulated Depreciation 19     1,484 Accounts Payable 21     1,534 Notes Payable 22     4,111 Bob Steely, Capital 31     15,228 Bob Steely, Drawing 32 602     Fees Earned 41     6,592 Wages Expense 51 2,786     Rent Expense 52 790     Utilities Expense 53 359     Depreciation Expense 54 267     Miscellaneous Expense 59 66     Totals     28,949 28,949 Use the adjusted trial balance for Stockton Company. Determine the total assets. a.$25,613 b.$24,079 c.$23,302 d.$22,595

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Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company
Adjusted Trial Balance
December 31
    Account
No.
Debit
Balances
Credit
Balances
Cash 11 5,074    
Accounts Receivable 12 2,877    
Prepaid Expenses 13 777    
Equipment 18 15,351    
Accumulated Depreciation 19     1,484
Accounts Payable 21     1,534
Notes Payable 22     4,111
Bob Steely, Capital 31     15,228
Bob Steely, Drawing 32 602    
Fees Earned 41     6,592
Wages Expense 51 2,786    
Rent Expense 52 790    
Utilities Expense 53 359    
Depreciation Expense 54 267    
Miscellaneous Expense 59 66    
Totals     28,949 28,949

Use the adjusted trial balance for Stockton Company. Determine the total assets.

a.$25,613
b.$24,079
c.$23,302
d.$22,595
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