The Following Transactions for the Month of March Have Been $\$ 7,000$

question 83

Multiple Choice

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received $\$ 7,000$ cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $\$ 700$ .
Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $8,000.
Mar. 4 Iurchased office supplies for $\$ 700 \mathrm { cash }$ .
Mar. 5 Eilled a client for $\$ 10,000$ of design services completed.
Mar. 6 Received $\$ 7,800$ on account for the services previously recorded. What is the balance in Cash on March 6?

• A) $11,100
• B) $10,400
• C) $13,400
• D) $11,800

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Definitions:

Spongy Bone

A type of bone tissue characterized by a porous, trabecular architecture, found at the ends of long bones and in the inner layer of flat bones.

Bone Shafts

The long, cylindrical, main portion of a bone, providing structural support and leverage.

Long Bones

Bones that are longer than they are wide, primarily located in the arms and legs, serving as sites for muscle attachment and enabling movement.

Extracellular Matrix

A complex network of proteins and polysaccharides secreted by cells, providing structural and biochemical support to surrounding cells.