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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

Prepare a trial balance. The total of the debits is Select one:

a. $9,700

b. $13,900

c. $11,200

d. $12,700

User Wendyl
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1 Answer

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Answer:

The answer is B. $13,900

Step-by-step explanation:

Please refer to the attached for the preparation of the trial balance.

For trial balance to balance, the total debit must equal to total credit.

Debit = $13,900

Credit = $13,900

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts-example-1
User MadEqua
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