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Business, 07.10.2019 23:10 akepa

Larry bar opened a frame shop and completed these transactions:
1. larry started the shop by investing $40,000 cash and equipment valued at $18,000.
2. purchased $70 of office supplies on credit.
3. paid $1,200 cash for the receptionist's salary.
4. sold a custom frame service and collected a $1,500 cash on the sale.
5. completed framing services and billed the client $200.
what was the balance of the cash account after these transactions were posted?

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1. larry started the shop by...
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