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The following transactions have been journalized and posted to the proper accounts. 1. Mark Call invested $7,000 cash in his new design services business. 2.

The following transactions have been journalized and posted to the proper accounts.

1. Mark Call invested $7,000 cash in his new design services business.

2. The business paid the first month's rent of $700.

3. The business purchased equipment by paying $2,000 cash and executing a note payable for $4,500.

4. The business purchased supplies for $850 cash.

5. The business billed a client for $4,000 of design services completed.

6. The business received $3,000 of the account for the completed services.

What is the balance in Cash?

A $7,850
B $6,450
C $8,450
D $8,150

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