This Question: 3 pts 14 of 30 (11 complete) A sole proprietorship reported the following transactions for the month of March. The transactions have been journalized and posted to the proper accounts. Mar. 1 The business received $10,000 cash from the owner in exchange for capital. Mar. 2 Paid the first month's rent of $700. Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $6,000. Mar. 4 Purchased office supplies for $500 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $7,000 on account for the services previously recorded. What is the balance in Accounts Receivable? OA. $3,000 B. $7,000 C. $10,000 D. $6,000