Mathematics, 01.12.2021 03:50 baileyedavis

The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $1,500 Fees Earned $3,600
Accounts Receivable 1,800 Insurance Expense 1,300
Prepaid Insurance 2,000 Land 3,000
Cash 3,200 Wages Expense 1,400
Drawing 1,200 Capital 8,800

Total assets are
a. $10,000
b. $9,800
c. $9,700
d. $8,000

Answers: 1

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The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal bal...