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2. The following transactions for the month of April have been journalized and posted to the proper accounts for a new company: April 1 The

2. The following transactions for the month of April have been journalized and
posted to the proper accounts for a new company:
April 1 The business received $14,000 cash and issued common stock to
stockholders.
April 2 Paid the first month's rent of $1,000.
April 3 Purchased equipment by paying $4,000 cash and executing a note
payable for $12,000.
April 4 Purchased office supplies for $1,400 cash.
April 5 Billed a client for $24,000 of design services completed.
April 6 Received $18,000 on account for the services previously recorded.
What is the balance in Accounts Receivable on April 30th?
A. $6,000
B. $10,000
C. $18,000
D. $24,000

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