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These transactions were completed by the art gallery opened by Zed Bennett. a. Bennett started the gallery, Artery, by investing $40,000 cash and equipment valued

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These transactions were completed by the art gallery opened by Zed Bennett. a. Bennett started the gallery, Artery, by investing $40,000 cash and equipment valued at $18,000 in exchange for common stock. b. Purchased $70 of office supplies on credit. c. Paid $1,200 cash for the receptionist's salary. d. Sold a painting for an artist and collected a $4,500 cash commission on the sale. e. Completed an art appraisal and billed the client $200. What was the balance of the cash account after these transactions were posted? $43,430 $12,430 O $61,430 O $43,300 O $12,230

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