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The following transactions for the month of March have been journalized and posted to the proper accounts. Mar.1 Martinez invested $10,000 cash in his new
The following transactions for the month of March have been journalized and posted to the proper accounts.
Mar.1 Martinez invested $10,000 cash in his new design services business.
Mar.2 Paid the first month's rent of $800
Mar.3 Purchased office supplies for $700 cash.
Mar.5 Billed a client for $12,000 of design services completed.
Mar.6 Received $7,600 on account for the services previously recorded.
-What is the balance in Cash ?
A)$14,100
B)$14,900
C)$15,600
D)$16,100
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