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Business, 18.09.2019 17:20, monaec1757
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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