The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,703 Accounts Receivable 2,396 Prepaid Expenses 612 Equipment 13,269 Accumulated Depreciation 8,673 Accounts Payable 1,482 Notes Payable 5,965 Common Stock 1,000 Retained Earnings 1,663 Dividends 810 Fees Earned 8,351 Wages Expense 2,770 Rent Expense 837 Utilities Expense 495 Depreciation Expense 181 Miscellaneous Expense 61 Totals 28,134 28,134 Determine the total liabilities for the period.
a.$7,447
b.$3,663
c.$16,120
d.$14,307

Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100

You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)

According to which act will be the person punished