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he following transactions for the month of March have been journalized and posted to the proper accounts. lar. 1 The business received $10,000 cash and
he following transactions for the month of March have been journalized and posted to the proper accounts. lar. 1 The business received $10,000 cash and issued common stock to stockholders. lar. 2 Paid the first month's rent of $600. lar. 3 Purchased equipment by paying $2,000 cash and executing a note payable for $4,000. lar. 4 Purchased office supplies for $500 cash. lar. 5 Billed a client for $10,000 of design services completed. lar. 6 Received $8,000 on account for the services previously recorded. What is the balance in Accounts Receivable? A. $4,000 B. $2,000 C. $10,000 D. $8,000
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