QUESTION 27 The accounts in the ledger of Monroe Entertainment Co, are listed below. All accounts have normal balances Fees earned Insurance expense Accounts payable Accounts receivable Prepaid insurance Cash Dividends $1,500 1,800 2,000 3,200 1,200 Land $3,600 1,300 3,000 1,400 8,800 Wages expense Common stock Total assets are a. $9,800 b. 58,000 c. $9,700 d. $10,000