ALL WORK MUST BE SHOWN FOR CREDIT

1) The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. 1 Martinez invested $9,000 cash in his new design services business. Mar. 2 Paid the first month's rent of $800. Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $5,000. Mar. 4 Purchased office supplies for $750 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $8,000 on account for the services previously recorded. What is the balance in Cash?

2) Deborah Consultants had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances. Calculate the amount of service revenue and prepare the adjusted trial balance for Deborah Consultants as of December 31, 2015.

Cash $6,000

Deborah, Withdrawals $3,000

Accounts Receivable 2,000

Service Revenue ?

Office Supplies 1,800

Salaries Expense 4,000

Equipment 15,000

Rent Expense 800

Accumulated Depreciation