The following transactions have been journalized and posted to the proper accounts. Jourdan Ross invested...
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Accounting
The following transactions have been journalized and posted to the proper accounts. Jourdan Ross invested $7,000 cash in his new design services business. Jourdan paid the first month's rent with $700. Jourdan purchased equipment by paying $2,000 down and executing a note payable for $4,500. Jourdan purchased supplies for $850 cash. Jourdan billed a client for $4,000 of design services completed Jourdan received $3,000 of the account for the completed services What is the balance in Cash?
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