Use the following information in the adjusted trial balance for Stockton Company to answer the following questions. Stockton Company Adjusted Trial Balance For the Year ended December 31, 2010 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Bob Steely, Capital 12,940 Bob Steely, Withdrawals
790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 Totals $28,890 $28,890 Determine the current assets.
A) $22,530
B) $8,830
C) $21,430
D) $8,130
B
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The manager of a private limousine service is interested in implementing the principles of administrative management, which involves
A.doing time-motion studies. B. focusing on efficiency and effectiveness. C. increasing synergy. D. managing the total organization.
A charge of 15-20% was levied by the government of Cadmia on the value of automobile accessories imported from a neighboring country. This increased the price of those imported car accessories for the consumers in Cadmia. Which of the following instruments of trade policy is being used by the government of Cadmia?
A. Local content tariff B. Ad valorem tariff C. Subsidies D. Import quotas E. Antidumping duties