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The Accounts in the Ledger of Monroe Entertainment Co Prepare a Trial Balance

question 47

Essay

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\begin{array} { l r l r } \text { Accounts Payable } & \$ 1,500 & \text { Fees Earned } & \$ 3,600 \\\text { Accounts Receivable } & 1,800 & \text { Insurance Expense } & 1,300 \\\text { Prepaid Insurance } & 2,000 & \text { Land } & 3,000 \\\text { Cash } & 3,200 & \text { Wages Expense } & 1,400 \\\text { Drawing } & 1,200 & \text { Capital } & 8,800\end{array} Prepare a trial balance. The total of the debits is
a. $13,900
b. $11,200
c. $12,700
d. $9,700


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