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this is a 3 part question. please carefully read and answer questions 7, 8, and 9 correctly i will give thumbs up. 7. What is
this is a 3 part question. please carefully read and answer questions 7, 8, and 9 correctly i will give thumbs up.
The following transactions have been journalized and posted to the proper accounts. . . Jared invested $7,000 cash in his new design services business. Jared paid the first month's rent with $700. Jared purchased equipment by paying $2,000 down and executing a note payable for $4,500. Jared purchased supplies for $850 cash. Jared billed a client for $4,000 of design services completed . Jared received $3,000 of the account for the completed services 7. What is the balance in Cash? A) $7,850 B) $6,450 C) $8,450 D) $8,150 8. What is the balance in Accounts Receivable? A) $8,500 B) $1,000 C) $7,000 D) $4,000 9. What is the balance in Notes Payable? A) $1,000 B) $4,500 C) $7,000 D) $4,000 7. What is the balance in cash?
8. What is the balance in accounts recievable?
9. What is the balance in Notes Payable?
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