question 7 and 8

Question 7 (1 point) Which statement concerning cash is true? Cash will always have more debits than credits Cash will never have a credit balance Cash is increased by debiting Cash is debited to record payments Question 8 (1 point) The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. All accounts have normal balances: Accounts Payable: 1,500 Fees Earned: 3,000 Accounts Receivable: 1,800 Insurance Expense: 1,300 Prepaid Insurance: 2,000 - Land: 3,000 e Cash: 2,600 Wages Expense: 1,400 Withdrawals: 1,200 Owner's Equity: 8,800 Using the balances above, prepare a trial balance, What is the total of the debits? Question 8 (1 point) The accounts in the ledger of Monroe Entertainment Co. are listed in alphabetical order. AlI accounts have normal balances Accounts Payable: 1,500 Fees Earned: 3,000 Accounts Receivable: 1,800 Insurance Expense: 1,300 Prepaid Insurance: 2,000 Land: 3,000 Cash: 2,600 Wages Expense: 1,400 Withdrawals: 1,200 Owner's Equity: 8,800 Using the balances above, prepare a trial balance. What is the total of the debits? $13,300 $9,600 $9,400 $9,100