The Following Transactions for the Month of March Have Been $\$ 9,000$

question 110

Multiple Choice

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received $\$ 9,000$ cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $\$ 900$ .
Mar. 3 Purchased equipment by paying \$3,000 cash and expcuting a note payable for $7,000.
Mar. 4 Purchased office supplies for $\$ 730 \mathrm { cash }$ .
Mar. 5 Eilled a client for \$10,000 of design services completed.
Mar. 6 Received $\$ 7,900$ on account for the services previously recorded. What is the balance in Cash?

• A)$13,170
• B)$12,270
• C)$15,270
• D)$13,900