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The following transactions have been journalized and posted to the proper accounts. March is the first month of business operations The business received $10,000 cash
The following transactions have been journalized and posted to the proper accounts. March is the first month of business operations The business received $10,000 cash and issued common stock to Mar. 1 stockholders Mar. 2 Paid the first month's rent of $800. Mar. 3 Purchased equipment by paying $4,000 cash and executing a note payable for $5,000. Mar. 5 Billed a client for $14,000 of design services completed Mar. 6 Received $6,000 on account for the services previously recorded. What is the ending balance in the Service Revenue account? Select one: O A. $16,000 O B. $14,000 O C. $10,000 O D. $6,000
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