The Following Transactions Have Been Journalized and Posted to the Proper

question 80

Multiple Choice

The following transactions have been journalized and posted to the proper accounts. 1. Mark Call invested $7,000 cash in his new design services business.
2. The business paid the first month's rent of $700.
4. The business purchased supplies for $850 cash.
5. The business billed a client for $4,000 of design services completed.
6. The business received $3,000 of the account for the completed services.
What is the balance in Cash?

• A)$7,850
• B)$6,450
• C)$8,450
• D)$8,150

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Definitions:

Agoraphobia

An anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help wouldn't be available if panic strikes.

Panic Disorder

A psychiatric disorder characterized by sudden episodes of intense fear or anxiety and physical symptoms based on a perceived threat rather than imminent danger.

Diagnosis

The identification of the nature and cause of an illness or other problem by examination of the symptoms and signs.

Relapse Rates

The proportion or percentage of individuals who, after recovery from a condition or disease, return to a state of illness or problem behavior within a certain period.