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The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $401 Fees Earned $2,201 Accounts Receivable 777

The following accounts appear in the ledger of Monroe Entertainment Co. All accounts have normal balances. Accounts Payable $401 Fees Earned $2,201 Accounts Receivable 777 Insurance Expense 487 Prepaid Insurance 4,852 Land 1,881 Cash 1,009 Wages Expense 712 Drawing 322 Capital 7,438 Total assets are Oa. $3,611 b. $2,201 c. $7,438 Od. $8,519image text in transcribed

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