Multiple Choice
The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received $8,000 cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $600.
Mar. 3Purchasod equipment by paying $2,000 cash and executing a note payable for $6,000.
Mar. 4 Purchasod office supplies for .
Mar. 5 Billed a client for $14,000 of design services completed.
Mar. 6 Received on account for the services previously recorded. What is the balance in Accounts Receivable?
A) $5,000
B) $9,000
C) $6,000
D) $14,000
Correct Answer:

Verified
Correct Answer:
Verified
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