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The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $488 Fees Earned $2,112 Accounts Receivable 655

The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $488 Fees Earned $2,112 Accounts Receivable 655 Insurance Expense 439 Prepaid Insurance 4,636 Land 1,799 Cash 695 Wages Expense 796 Drawing 323 Capital 6,743 Total assets are a.$2,112 b.$7,785 c.$3,295 d.$6,743

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