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On the first day of Lucy's new business, she had these transactions: 1-Invested $10,000 into the business. 2-Purchased office equipment for $2,000 in cash. 3-Received
On the first day of Lucy's new business, she had these transactions: 1-Invested $10,000 into the business. 2-Purchased office equipment for $2,000 in cash. 3-Received $1,500 from customers for services 4.Paid $500 for office rent. 5.Purchased office supplies for $250 on account. After recording these transactions, what will be the balance in Lucy's bank account? A) $9,000 B) $9,250 C) $8,750 D) $9,750
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