Problem - The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances.
Act. payable 1,500
Act. Receivable 1,800
investment 2,000
Cash 2,600
Withdrawals 1200
Fees Earned 3,000
Insurance Expense 1,300
Land 3,000
Wages expense 1,400
Owners equity 8,800
Prepare a trial balance. The total of the debits is
a. $13,300
b. $ 9,400
c. $ 9,100
d. $9,600
e. $ 20,600