The Following Transactions for the Month of March Have Been $\$ 9,000$

question 83

Multiple Choice

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. I Martinez invested $\$ 9,000$ cash in his new design services business.
Mar. 2 Paid the first month 5 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 Eilled a client for $\$ 10,000$ of design services completed.
Mar. 6 Received $8,000 on account for the services previously recorded.
-According to the above transactions. What is the ending balance in the Service Revenue account?

• A) $19,000
• B) $9,000
• C) $10,000
• D) $8,000

---

Definitions:

Michael Dell

The founder and CEO of Dell Technologies, known for pioneering direct sales of personal computers.

Performance Judgments

Assessments made regarding an employee's work performance, often influencing decisions on promotions, pay, and continuation of employment.

Expectancy Theory

A motivational theory suggesting that an individual's effort level is based on their expectation of achieving desired performance outcomes and the value they place on those outcomes.

Self-Appraisals

The process where employees evaluate their own performance, strengths, and areas for improvement, usually as part of a performance review cycle.