Question: Marco Nelson opened a frame shop and completed these transactions: 1. Marco started the shop by investing $41,800 cash and equipment valued at $19,800. 2.
Marco Nelson opened a frame shop and completed these transactions: 1. Marco started the shop by investing $41,800 cash and equipment valued at $19,800. 2. Purchased $250 of office supplies on credit. 3. Paid $3,000 cash for the receptionist's salary. 4. Sold a custom frame service and collected $6,300 cash on the sale. 5. Completed framing services and billed the client $380. What was the balance of the cash account after these transactions were posted? Multiple Choice O $45,100 O $10.630 $45.480 $45.230. Marco Nelson opened a frame shop and completed these transactions: 1. Marco started the shop by investing $41,800 cash and equipment valued at $19,800. 2. Purchased $250 of office supplies on credit. 3. Paid $3,000 cash for the receptionist's salary. 4. Sold a custom frame service and collected $6,300 cash on the sale. 5. Completed framing services and billed the client $380. What was the balance of the cash account after these transactions were posted? Multiple Choice O $45,100 O $10.630 $45.480 $45.230
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