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The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. $564 Fees Earned

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Answer #1

Total assets:

= Accounts receivable + Supplies + Prepaid insurance + Cash + Office equipment + Land

= $737 + $500 + $2,003 + $1,783 + $1,800 + $2,438

= $9,261

Option c.

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