Business, 05.05.2020 07:16 dolahghazali76

Stockton Company Adjusted Trial Balance December 31

Cash 7,530
Accounts Receivable 2,100
Prepaid Expenses 700
Equipment 13,700
Accumulated Depreciation 1,100
Accounts Payable 1,900
Notes Payable 4,300
Common Stock 1,000
Retained Earning 12,940
Dividends 790
Fees Earned 9,250
Wages Expense 2,500
Rent Expense 1,960
Utilities Expense 775
Depreciation Expenses 250
Miscellaneous Expenses 185
Totals 30,490 30,490

Determine the retained earnings ending balance.

a. $12,150
b. $21,400
c. $6,480
d. $15,730

Answers: 1

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Stockton Company Adjusted Trial Balance December 31

Cash 7,530
Accounts Receivabl...

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