The following transactions for the month of March have been journalized and posted to the...
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Accounting
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 ending balance in the Service Revenue account?
| $19,000 | |
| $9,000 | |
| $10,000 | |
| $8,000 |
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