Question: Marco Nelson opened a frame shop and completed these transactions: 1. Sold custom frames and immediately collected $41,400 cash for the sale. 2. Purchased
Marco Nelson opened a frame shop and completed these transactions: 1. Sold custom frames and immediately collected $41,400 cash for the sale. 2. Purchased $210 of office supplies on credit. 3. Paid $2,600 cash for the receptionist's salary. 4. Sold a custom frame service and collected $5,900 cash on the sale. 5. Completed framing services and billed the client $340. What was the balance of the cash account after these transactions were posted? Multiple Choice $45,040. $44,700. $10,690. $44,830. $11,030.
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