4,016 1,797 The following is the adjusted trial balance for Stockton Company. Stockton...
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4,016 1,797 The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 6,449 Accounts Receivable 2,366 Prepaid Expenses 771 Equipment 13,484 Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Dividends 741 Fees Earned Wages Expense 2,550 Rent Expense 842 Utilities Expense 359 Depreciation Expense 192 Miscellaneous Expense 64 Totals 27,818 4,292 1,000 9,370 7,343 27,818 Determine the net income (loss) for the period. Net income $2,595 Net loss $2,595 O Net loss $3,336 O Net income $3,336
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