Lorne TT company bank reconciliation

#44 0d Id8000-84000 =44000 3. Liabilities are reported on the Balance sheet 4. 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 Insurance expense 1,800 1,300 Prepaid insurance Land 2,000 3,000 Cash Wages expense 1,400 3,200 Dividends Common stock 8,800 1,200 Total assets are: Laser Clinic purchased laser equipment for $8,500 and paid cash $2,250 down, with correct entry would be -Deferred revenue is revenue that is