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Question Content AreaThe accounts in the ledger of Monroe Entertainment Co . are as follows. All accounts have normal balances.Line Item DescriptionAmountAccounts Payable$ 4 1

Question Content AreaThe accounts in the ledger of Monroe Entertainment Co. are as follows. All accounts have normal balances.Line Item DescriptionAmountAccounts Payable$415Accounts Receivable807Prepaid Insurance1,848Cash2,153Dividends605Fees Earned2,825Insurance Expense440Land2,859Wages Expense621Common Stock6,093When the trial balance is prepared, the total of the debits will bea. $6,093b. $9,333c. $7,667d. $1,061

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