Use the following Unadjusted Trial Balance for Monroe Entertainment Company for questions 44 - 49: (This is the same Unadjusted Trial Balance in the module under the test review. )DebitCreditCash 3,200 Accounts Receivable1,800Prepaid Insurance2,000Land3,000Accounts Payable1,500 J.B. Monroe, Capital 8,800 J.B. Monroe, Drawing 1,200 Fees Earned 3,600 Wages Expense 1,400 Insurance Expense 1,300 Totals? $13,900The total of the debits in the unadjusted trial balance should be __________________.Group of answer choices$10,000$13,900$$3,200$13,000

Solution: Trial balance is the list of all accounts with their balances. Trial balance is prepared…

Answered: Use the following Unadjusted Trial…

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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Use the following Unadjusted Trial Balance for Monroe Entertainment Company for questions 44 - 49: (This is the same Unadjusted Trial Balance in the module under the test review. )

	Debit	Credit
Cash	3,200
Accounts Receivable	1,800
Prepaid Insurance	2,000
Land	3,000
Accounts Payable		1,500
J.B. Monroe, Capital		8,800
J.B. Monroe, Drawing	1,200
Fees Earned		3,600
Wages Expense	1,400
Insurance Expense	1,300
Totals	?	$13,900

The total of the debits in the unadjusted trial balance should be __________________.

Group of answer choices

$10,000

$13,900

$$3,200

$13,000

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