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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $470 Fees Earned $2,949 Accounts Receivable

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $470 Fees Earned $2,949 Accounts Receivable 678 Insurance Expense 545 Prepaid Insurance 1,555 Land 2,773 Cash 2,010 Wages Expense 768 Dividends 629 Common stock 5,539 Total assets are $3,158 $7,016 $5,539 $2,949

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