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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $569 Fees Earned $2,803 Accounts Receivable
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.
| Accounts Payable | $569 | Fees Earned | $2,803 | |
| Accounts Receivable | 778 | Insurance Expense | 463 | |
| Prepaid Insurance | 1,525 | Land | 2,718 | |
| Cash | 1,896 | Wages Expense | 724 | |
| Dividends | 595 | Common stock | 5,327 |
Total assets are
$3,243
$6,917
$2,803
$5,327
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Intermediate Accounting IFRS Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
2nd Edition
1118443969, 978-1118443965
