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Jan 1, Abi started a photography business. During January, the following transactions occurred and were recorded in the company's books: Abi invested $13,700 cash in

Jan 1, Abi started a photography business. During January, the following transactions occurred and were recorded in the company's books:

Abi invested $13,700 cash in the business in exchange for common stock.

Abi contributed $22,000 of photography equipment to the business.

The company paid $2,300 cash for an insurance policy covering the next 24 months.

The company received $5,900 cash for services provided during January.

The company purchased $6,400 of office equipment on credit.

The company provided $2,950 of services to customers on account.

The company paid cash of $1,700 for monthly rent.

The company paid $3,300 on the office equipment purchased in transaction #5 above.

Paid $295 cash for January utilities.

Based on this information, the balance in the cash account at the end of January would be:

$44,050

$14,955

$19,300

$12,005

$15,650.

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