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Business, 01.03.2021 21:40 ConceitedD77

Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $40,900 cash and equipment valued at $18,900 in exchange for common stock. Purchased $160 of office supplies on credit. Paid $2,100 cash for the receptionist's salary. Sold a custom frame service and collected $5,400 cash on the sale. Completed framing services and billed the client $290. What was the balance of the cash account after these transactions were posted

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