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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 $435 Fees Earned 884

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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 $435 Fees Earned 884 Insurance Expense 500 Rent expense $3,088 686 Supplies 1,500 1,882 Land 2,154 Prepaid insurance Cash 750 Office equipment 2,047 Wages expense 1,800 Retained earnings 792 Common stock 5,500 Dividends 5,672 Unearned rent 1,600 Total assets are a. $3,366 Ob. $5,672 C. 59,267 d. $3,088

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