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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
The following transactions for the month of March have been journalized and posted to the proper accounts.

Mar. 1   The business received $9,000 cash and issued common stock to stockholders.
Mar. 2   Paid the first month's rent of $900.
Mar. 3   Purchased equipment by paying $3,000 cash and executing a note payable for $7,000.
Mar. 4   Purchased office supplies for $730 cash.
Mar. 5   Billed a client for $10,000 of design services completed.
Mar. 6   Received $7,900 on account for the services previously recorded.

What is the balance in Cash?
A) $13,900
B) $13,170
C) $15,270
D) $12,270
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
wrote...
#3
4 years ago
Great, ty!
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