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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

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. 3

Purchased equipment by paying $2,000 cash and executing a note payable for $6,000.

Mar. 4

Purchased office supplies for $750 cash.

Mar. 5

Billed a client for $14,000 of design services completed.

Mar. 6

Received $5,000 on account for the services previously recorded.

What is the balance in Accounts Receivable?

A.

$14,000

B.

$6,000

C.

$5,000

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