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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Fees Earned Accounts Payable $1,500 $3,600 1,800 Accounts

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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Fees Earned Accounts Payable $1,500 $3,600 1,800 Accounts Receivable Insurance Expense 1,300 Prepaid Insurance Land 2,000 3,000 Cash 3,200 Wages Expense 1,400 Drawing 1,200 Capital 8,800 Total assets are a. $9,800 b. $10,000 Oc. $9,700 Od. $8,000

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