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15. MC.02.93 The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $1,500 Fees earned

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15. MC.02.93 The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $1,500 Fees earned $8,600 Accounts receivable 1,800 Insurance expense 1,300 Supplies 500 Rent expense 1,500. Prepaid insurance Cash 2,000 Land 8,000 3,200 Wages expense 1,400 Office equipment 1,800 Retained earnings 5,500 Dividends 1,200 Common stock 9,200 Unearned rent 1,600. Total assets are a. $13,500 b. $13,000 c. $17,300 d. $9,800

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