On February 1st, Flora Accounting Services Had a Cash Balance

Multiple Choice

On February 1st, Flora Accounting Services had a cash balance of $5,000, and completed the following transactions during February:
A. Purchased office supplies on account, $300.
B. Completed work for a client on credit, $500.
C. Paid cash for the office supplies purchased in (a ) .
D. Completed work for a client and received $800 cash.
E. Received $500 cash for the work described in (b ) .
F. Received $1,000 from a client for accounting services to be performed in March.
What was the balance of the company's cash account after these transactions?

A) $7,000
B) $1,700
C) $2,000
D) $2,500