The Following Transactions for the Month of March Have Been $\$ 7,000$

question 94

Multiple Choice

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received $\$ 7,000$ cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $\$ 500$ .
Mar. 3 Purchased equipment by paying $2,000 cash and expcuting a note payable for $6,000.
Mar. 4 Purchased office supplies for $\$ 700$ cash.
Mar. 5 Eilled a client for $12,000 of design services completed.
Mar. 6 Received $\$ 9,000$ on account for the services previously recorded. What is the balance in Accounts Receivable?

• A)$9,000
• B)$3,000
• C)$6,000
• D)$12,000

---

Definitions:

Same Sex Couple

A romantic partnership between two individuals of the same sex.

Mammals And Birds

Categories of vertebrates, with mammals characterized by their fur and mammary glands, and birds distinguished by their feathered bodies and ability to lay hard-shelled eggs.

Governmental Policy

Strategies or principles adopted by government entities to guide decisions and achieve rational outcomes in governance.