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is this 8,000? If not, why? Or if so, why? *see attached photo* The accounts in the ledger of Monroe Entertainment Co. are listed below.

is this 8,000? If not, why? Or if so, why? *see attached photo*

image text in transcribed The accounts in the ledger of Monroe Entertainment Co. are listed below. 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 0a. $3,000 Ob. $9,800 0c. $9,700 (3d. $10,000 1

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