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The following transactions for the month of March have been journalized and posted to the proper accounts of a sole propnetorship Mar. 1 The business

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The following transactions for the month of March have been journalized and posted to the proper accounts of a sole propnetorship Mar. 1 The business received $7,000 cash from the owner of the business, Morris Tharps. The business gave capital to Morris Tharps 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 $710 cash. Mar 5 Billed a client for $10,000 of design services completed. Mar 6 Received $7,800 on account for the services previously recorded. What is the balance in Cash on March 6? A. $11,090 B. $10,290 C. $13,290 D. $11,800

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