Business
Business, 20.12.2019 00:31, S917564

Marco nelson opened a frame shop and completed these transactions: marco started the shop by investing $40,700 cash and equipment valued at $18,700 in exchange for common stock. purchased $140 of office supplies on credit. paid $1,900 cash for the receptionist's salary. sold a custom frame service and collected $5,200 cash on the sale. completed framing services and billed the client $270. what was the balance of the cash account after these transactions were posted?

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