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Question Content Area The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $520 Fees Earned

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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.

Accounts payable $520 Fees Earned $3,237
Accounts receivable 624 Insurance Expense 549
Supplies 500 Rent expense 1,500
Prepaid insurance 1,690 Land 2,667
Cash 1,922 Wages expense 655
Office equipment 1,800 Retained earnings 5,500
Dividends 688 Common stock 5,038
Unearned rent 1,600

Total assets are

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