Content Area The accounts in the ledger of Monroe Entertainment Co. are listed below. All...
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Accounting
Content Area The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts payable $456 Fees Earned $2,564 Accounts receivable 691 Insurance Expense 551 Supplies 500 Rent expense 1,500 Prepaid insurance 1,909 Land 2,323 Cash 1,992 Wages expense 636 Office equipment 1,800 Retained earnings 5,500 Dividends 708 Common stock 5,790 Unearned rent 1,600 Total assets are a. $2,564 b. $9,215 c. $5,790 d. $3,139
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