1.

The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances.

Accounts Payable	1,500		Fees Earned	3,000
Accounts Receivable	1,800		Insurance Expense	1,300
Investment	2,000		Land	3,000
Cash	2,600		Wages Expense	1,400
Withdrawals	1,200		Owners Equity	8,800

Prepare a trial balance. The total of the debits is

a. $13,300

b. $9,400

c. $9,100

d. $9,600

e. $20,600

2. Which of the following is nota short-cut in finding errors on the trial balance?

a. Determine the difference between debits and credits and look for the amount.

b. Determine the amount and change any account to make the trial balance correct.

c. Determine the difference between debits and credits, divide the amount by 2, look for the amount.

d. Determine the difference between debits and credits, divide the amount by 9, if it divides evenly, look for a transposition or slide error.