Larry bar opened a frame shop and completed these transactions: 1. larry started the shop by investing $41,500 cash and equipment valued at $19,500 in exchange for common stock. 2. purchased $220 of office supplies on credit. 3. paid $2700 cash for the receptionist's salary. 4. sold a custom frame service and collected $6000 cash on the sale. 5. completed framing services and billed the client $350. what was the balance of the cash account after these transactions were posted?
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Larry bar opened a frame shop and completed these transactions: 1. larry started the shop by invest...
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