The Following Transactions for the Month of March Have Been

question 27

Multiple Choice

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. 1 Martinez invested $9,000 cash in his new design services business.
Mar. 2 Paid the first month's rent of $800.
Mar. 3 Purchased equipment by paying $3,000 cash and executing a note payable for $5,000.
Mar. 4 Purchased Office Supplies for $750 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?

• A)$8,000
• B)$2,000
• C)$5,000
• D)$10,000

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Definitions:

Geologically Interesting Moons

Moons that have significant geological activity or features, such as volcanic eruptions, tectonics, or ice geysers, making them subjects of scientific study.

Outer Parts

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New Moon

The lunar phase when the Moon is located between the Earth and the Sun, making it invisible from Earth due to the side facing Earth not being illuminated.

Different Positions

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