Larry Bar opened a frame shop and completed these transactions: 1. Larry started the shop by...

 

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Larry Bar opened a frame shop and completed these transactions: 1. Larry started the shop by investing $41,100 cash and equipment valued at $19,100. Purchased $180 of office supplies on credit. 2. 3. 4. 5. Paid $2300 cash for the receptionist's salary. Sold a custom frame service and collected $5600 cash on the sale. Completed framing services and billed the client $310. What was the balance of the cash account after these transactions were posted? Larry Bar opened a frame shop and completed these transactions: 1. Larry started the shop by investing $41,100 cash and equipment valued at $19,100. Purchased $180 of office supplies on credit. 2. 3. 4. 5. Paid $2300 cash for the receptionist's salary. Sold a custom frame service and collected $5600 cash on the sale. Completed framing services and billed the client $310. What was the balance of the cash account after these transactions were posted?

Answer rating: 100% (QA)

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