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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 $456 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 | $456 | Fees Earned | $2,564 | |
Accounts receivable | 691 | Insurance Expense | 551 | |
Supplies | 500 | Rent expense | 1,500 | |
Prepaid insurance | 1,909 | Land | 2,323 | |
Cash | 1,992 | Wages expense | 636 | |
Office equipment | 1,800 | Retained earnings | 5,500 | |
Dividends | 708 | Common stock | 5,790 | |
Unearned rent | 1,600 |
Total assets are
a. $2,564
b. $9,215
c. $5,790
d. $3,139
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