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The accounts in the ledger of Monroe Entertainment Co. follow. All accounts have normal balances. Accounts Payable $1,500 Accounts Receivable Supplies Prepaid Insurance Cash Office Equipment Dividends Unearned Rent Fees Earned Insurance Expense Rent Expense Land Wages Expense Retained Earnings Common Stock Total assets are Oa. $9,800 O b. $13,500 Oc. $17,300 O d. $13,000 1,800 500 2,000 3,200 1,800 1,200 1,600 8,600 1,300 1,500 8,000 1,400 5,500 9,200

The accounts in the ledger of Monroe Entertainment Co. follow. All accounts have normal balances. Accounts Payable $1,500 Accounts Receivable Supplies Prepaid Insurance Cash Office Equipment Dividends Unearned Rent Fees Earned Insurance Expense Rent Expense Land Wages Expense Retained Earnings Common Stock Total assets are Oa. $9,800 O b. $13,500 Oc. $17,300 O d. $13,000 1,800 500 2,000 3,200 1,800 1,200 1,600 8,600 1,300 1,500 8,000 1,400 5,500 9,200

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The accounts in the ledger of Monroe Entertainment Co. follow. All accounts have normal balances. Accounts Payable $1,500 Accounts Receivable Supplies Prepaid Insurance Cash Office Equipment Dividends Unearned Rent Fees Earned Insurance Expense Rent Expense Land Wages Expense Retained Earnings Common Stock Total assets are Oa. $9,800 O b. $13,500 Oc. $17,300 O d. $13,000 1,800 500 2,000 3,200 1,800 1,200 1,600 8,600 1,300 1,500 8,000 1,400 5,500 9,200
Transcribed Image Text:The accounts in the ledger of Monroe Entertainment Co. follow. All accounts have normal balances. Accounts Payable $1,500 Accounts Receivable Supplies Prepaid Insurance Cash Office Equipment Dividends Unearned Rent Fees Earned Insurance Expense Rent Expense Land Wages Expense Retained Earnings Common Stock Total assets are Oa. $9,800 O b. $13,500 Oc. $17,300 O d. $13,000 1,800 500 2,000 3,200 1,800 1,200 1,600 8,600 1,300 1,500 8,000 1,400 5,500 9,200
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