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The following transactions for the month of March have been joumalized and posted to the proper accounts. Mar. 1 The business received $7.000 cash and

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The following transactions for the month of March have been joumalized and posted to the proper accounts. Mar. 1 The business received $7.000 cash and issued common stock to stockholders. Mar. 2 Paid the first month's rent of $800. Mar. 3 Purchased equipment by paying $1,000 cash and executing a note payable for $4,000. Mar. 4 Purchased office supplies for $550 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $8,000 on account for the services previously recorded What is the balance in Accounts Receivable? O A. $2,000 0 B. $8,000 O C. $10,000 O D. $4,000

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