Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton CompanyAdjusted Trial BalanceDecember 31     AccountNo. DebitBalances CreditBalances Cash 11 6,809     Accounts Receivable 12 2,710     Prepaid Expenses 13 764     Equipment 18 13,545     Accumulated Depreciation 19     1,359 Accounts Payable 21     1,472 Notes Payable 22     4,388 Bob Steely, Capital 31     15,721 Bob Steely, Drawing 32 791     Fees Earned 41     6,067 Wages Expense 51 3,029     Rent Expense 52 734     Utilities Expense 53 302     Depreciation Expense 54 260     Miscellaneous Expense 59 63     Totals     29,007 29,007 Use the adjusted trial balance for Stockton Company. Determine the current assets. a.$9,519 b.$29,007 c.$22,469 d.$10,283

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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 6,809    
Accounts Receivable 12 2,710    
Prepaid Expenses 13 764    
Equipment 18 13,545    
Accumulated Depreciation 19     1,359
Accounts Payable 21     1,472
Notes Payable 22     4,388
Bob Steely, Capital 31     15,721
Bob Steely, Drawing 32 791    
Fees Earned 41     6,067
Wages Expense 51 3,029    
Rent Expense 52 734    
Utilities Expense 53 302    
Depreciation Expense 54 260    
Miscellaneous Expense 59 63    
Totals     29,007 29,007

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

a.$9,519
b.$29,007
c.$22,469
d.$10,283
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