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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

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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 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 $700 Mar 3 Purchased equipment by paying $3,500 cash and executing a note payable for $5,000 Mar. 4 Purchased office supplies for $750 cash Mar 5 Billed a client for $8,000 of design services completed Mar 6 Received $7.700 on account for the services previously recorded What is the balance in Cash on March 6? O A. $13,250 B. $11.200 OC. $9.750 OD. $10.450

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