The accounts in the ledger of Monroe Entertainment Co. are listed in alphabeti

The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances.

Account Payable $454 Fees Earned $2425

Accounts Receivable $ 960 Insurance Expense $457

Investment $ 4269 Land $1735

Cash $ 688 Wages Expense $883

Drawing $ 496 Capital $6609

Determine the total of all the assets.

Select the correct answer.

$2425

$3567

$6609

$1085

$7652

The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances.

Account Payable $481 Fees Earned $2262

Accounts Receivable $631 Insurance Expense $431

Investment $4221 Land $1702

Cash $796 Wages Expense $727

Drawing $439 Capital $6204

Determine the total of all the liabilities.

Select the correct answer.

$2262

$7350

$481

$1104

$6204

The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances.

Account Payable $408 Fees Earned $2014

Accounts Receivable $855 Insurance Expense $410

Investment $4658 Land $1606

Cash $543 Wages Expense $739

Drawing $369 Capital $6758

Determine the net income.

Select the correct answer.

$865

$408

$7662

$2014

$6758