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Question - The following transactions for the month of March have been journalized and posted to the proper account
Mar. 1 The business received 9,000 cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $1,000.
Mar. 3 Purchased equipment by paying 3,500 cash and executing a note payable for $5,000.
Mar. 4 Purchased office supplies for 700 cash.
Mar. 5 Billed a client for $12,000 of design services completed.
Mar. 6 Received 7,600 on account for the services previously recorded.
Required - What is the balance in Cash on March 6?
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