QUESTION 8 . . A business has the following transactions: The business received $20,000 cash and issued common stock to stockholders. The business purchases $500 of office supplies on account. The business purchases $2,000 of furniture on account The business renders services to various clients totaling $10,000 on account. The business pays out $2,000 for salaries expense and $3,000 for Rent Expense. The business pays $500 to supplier for the office supplies purchased earlier. The business collects $3,000 from one of its clients for services rendered earlier in the month. At the end of the month, all journal entries are posted to the ledger. The Accounts Receivable account will appear as: O Accounts Receivable 3.000 10.000 7,000 Bal. Accounts Receivable 10,000 3,000 Bal. 7,000 o Accounts Receivable 10,000 Bal. 10.000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 11 12 13 14 Verwarm www 15 Wrow VOTE Accounts Receivable 3,000 10,000 7,000 Bal. Accounts Receivable 10,000 3,000 Bal. 7,000 Accounts Receivable 10,500 Bal 10,000 O Accounts Receivable 10,000 3,000 7,000 Bal