Ch. 2 Quiz Larry Bar opened a frame shop and completed these transactions: 21 1. Larry started the shop by investing $41,500 cash and equipment valued at $19,500. 2. Purchased $220 of office supplies...

Extracted text: Ch. 2 Quiz Larry Bar opened a frame shop and completed these transactions: 21 1. Larry started the shop by investing $41,500 cash and equipment valued at $19,500. 2. Purchased $220 of office supplies on credit 3. Paid $2,700 cash for the receptionist's salary 4. Sold a custom frame service and collected $6,000 cash on the sale. Skipped 5. Completed framing services and billed the client $350 What was the balance of the cash account after these transactions were posted? Multiple Choice $10,580. $10,930. $44,800. $44,930. $45,150