Question 9 The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. 1 The business received a $9,000 cash contribution from the owner. Mar. 2 Paid the first month's rent of $900. Mar. 3 Purchased equipment by paying $4,000 cash and executing a note payable for $5,000. Mar. 4 Purchased office supplies for $710 cash. Mar. 5 Billed a client for $9,000 of design services completed. Mar. 6 Received $7,600 on account for the services previously recorded. What is the balance in Cash? Your answer: $11,890 $10,990 $14,990. $12,600