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Content Area The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $471 Fees Earned $2,347 Accounts

Content Area The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $471 Fees Earned $2,347 Accounts Receivable 741 Insurance Expense 461 Prepaid Insurance 4,888 Land 1,752 Cash 516 Wages Expense 778 Drawing 345 Capital 6,663 Total assets are a. $6,663 b. $2,347 c. $3,334 d. $7,897

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