Question
Question Content Area The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $474 Fees Earned $3,130
Question Content Area
The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances.
| Accounts Payable | $474 | Fees Earned | $3,130 | |
| Accounts Receivable | 772 | Insurance Expense | 695 | |
| Cash | 1,886 | Kim Monroe, Capital | 5,737 | |
| Kim Monroe, Drawing | 638 | Land | 2,532 | |
| Prepaid Insurance | 2,041 | Wages Expense | 777 |
When a trial balance is prepared, the total of the debits will be
a. $5,737
b. $1,658
c. $9,341
d. $3,132
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
