Question

Use the adjusted trial balance for Stockton Company to answer the question that follow. Stockton Company Adjusted Trial Balance December 31 \begin{tabular}{|c|c|c|} \hline Cash & 7,530 & \\ \hline Accounts Receivable & 2,100 & \\ \hline Prepaid Expenses & 700 & \\ \hline Equipment & 13,700 & \\ \hline Accumulated Depreciation & & 1,100 \\ \hline Accounts Payable & & 1,900 \\ \hline Notes Payable & & 4,300 \\ \hline Common Stock & & 1,000 \\ \hline Retained Earnings & & 12,940 \\ \hline Dividends & 790 & \\ \hline Fees Earned & & 9,250 \\ \hline Wages Expense & 2,500 & \\ \hline Rent Expense & 1,960 & \\ \hline Utilities Expense & 775 & \\ \hline Depreciation Expense & 250 & \\ \hline \multirow[t]{2}{*}{ Miscellaneous Expense } & 185 & \\ \hline & 30,490 & 30,490 \\ \hline \end{tabular} Determine the total liabilities for the period.

          Use the adjusted trial balance for Stockton Company to answer the question that follow.
Stockton Company
Adjusted Trial Balance
December 31
\begin{tabular}{|c|c|c|}
\hline Cash & 7,530 & \\
\hline Accounts Receivable & 2,100 & \\
\hline Prepaid Expenses & 700 & \\
\hline Equipment & 13,700 & \\
\hline Accumulated Depreciation & & 1,100 \\
\hline Accounts Payable & & 1,900 \\
\hline Notes Payable & & 4,300 \\
\hline Common Stock & & 1,000 \\
\hline Retained Earnings & & 12,940 \\
\hline Dividends & 790 & \\
\hline Fees Earned & & 9,250 \\
\hline Wages Expense & 2,500 & \\
\hline Rent Expense & 1,960 & \\
\hline Utilities Expense & 775 & \\
\hline Depreciation Expense & 250 & \\
\hline \multirow[t]{2}{*}{ Miscellaneous Expense } & 185 & \\
\hline & 30,490 & 30,490 \\
\hline
\end{tabular}

Determine the total liabilities for the period.

Use the adjusted trial balance for Stockton Company to answer the question that follow.
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 Earnings 12,940

Dividends 790

Fees Earned 9,250

Wages Expense 2,500

Rent Expense 1,960

Utilities Expense 775

Depreciation Expense 250

[t]2* Miscellaneous Expense 185

30,490 30,490

Determine the total liabilities for the period.

Added by Paul Q.

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