The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of .
Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $8,000.
Mar. 4 Iurchased office supplies for .
Mar. 5 Eilled a client for of design services completed.
Mar. 6 Received on account for the services previously recorded. What is the balance in Cash on March 6?
A) $11,100
B) $10,400
C) $13,400
D) $11,800
Correct Answer:
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