Marco nelson opened a frame shop and completed these transactions: marco started the shop by investing $41,900 cash and equipment valued at $19,900 in exchange for common stock. purchased $260 of office supplies on credit. paid $3,100 cash for the receptionist's salary. sold a custom frame service and collected $6,400 cash on the sale. completed framing services and billed the client $390. what was the balance of the cash account after these transactions were posted?

The balance of the cash account after these transactions were posted is $45,200

Explanation:

cash balance after these transaction = Cash Investing in Shop - Paid cash for receptionist salary + Receive cash from sale of frame

                                                              = $41,900 - $3,100 + $6,400

                                                             = $45200

Therefore, The balance of the cash account after these transactions were posted is $45,200

answer; i do believe that the correct answer is ; ///are valued more highly than their cost;

answer; i believe the correct answer is (sales promotion;