25 TB MC Qu. 02-122 (Algo) Andrea Apple opened Apple Photography on... 2.43 points Skipped eBook A company opened on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. The company received $14,000 cash for services provided. 2. The company paid $2,600 cash for an insurance policy covering the next 24 months. 3. The company received $6,200 cash for services provided. 4. The company purchased $6,700 of office equipment on credit. 5. The company provided $3,250 of services to customers on account. 6. The company paid cash of $2,000 for monthly rent. 7. The company paid $3,600 on the office equipment purchased in transaction #5 above. 8. Paid $325 cash for January utilities. Ask Print Based on this information, the balance in the cash account at the end of January would be: References Multiple Choice $47,950. $11,675. $20,200. $16,250. $14,925.