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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $447 Fees Earned $3,052 Accounts receivable

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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $447 Fees Earned $3,052 Accounts receivable 808 Insurance Expense 613 Supplies 500 Rent expense 1,500 Prepaid insurance 1,909 Land 2,757 Cash 1,779 Wages expense 727 Office equipment 1,800 Retained earnings 5,500 Dividends 703 Common stock 5,797 Unearned rent 1,600 Total assets are a. $9,553 b. $3,052 c. $5,797 d. $3,034

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