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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

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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 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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