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Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books

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Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books 1. Andrea invested $14,800 cash in the business in exchange for common stock 2. Andrea contributed $33,000 of photography equipment to the business 3. The company paid $3.400 cash for an insurance policy covering the next 24 months 4. The company received 57.000 cash for services provided during January 5. The company purchased $7.500 of office equipment on credit 6. The company provided $4.050 of services to customers on account 7. The company paid cash of 52,800 for monthly rent 8. The company paid $4,400 on the office equipment purchased in transactions above 9. Paid $405 cash for January utilities Based on this information, the balance in the cash account at the end of January would be Multiple Choice $22.500 558.350 40 4 > $ 4 3 96 5 B 7 2 6 00 9 o { E R T Y U 1 o P S D F G H K V B N M

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