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The following transactions for the month of March have been journalized and posted to the proper accounts of a sole proprietorship. Mar. 1 The business
The following transactions for the month of March have been journalized and posted to the proper accounts of a sole proprietorship. Mar. 1 The business received $9000 cash from the owner of the business, Lemon. The business gave capital to Lemon. Mar. 2 Paid the first month's rent of $1000. Mar. 3 Purchased equipment by paying $3000 cash and executing a note payable for $9000. Mar. 4 Purchased office supplies for $730 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $7700 on account for the services previously recorded. What is the balance in Cash on March 6? $13,700 $12.970 $14,970 O $11.970
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