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The accounts in the ledger of Monroe Entertainment Co, are listed below. All accounts have normal balances, Accounts payable Accounts receivable Supplies Prepaid insurance Cash
The accounts in the ledger of Monroe Entertainment Co, are listed below. All accounts have normal balances, Accounts payable Accounts receivable Supplies Prepaid insurance Cash Office equipment Dividends Unearned rent $1,500 1,800 500 2,000 3,200 1,800 1,200 1,600 Fees earned Insurance expense Pent pense Land Wages expense Retained earnings Common stock $8,600 1,300 1,500 8,000 1,400 5,500 9,200 Total assets are a. $17,300 b. $13,500 c. 59,800 d. $13,000
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