Business, 11.02.2020 19:51 StudentLife336

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

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