ACC101_-_SP_2024_-_FE_1605.webp
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ACC101_-_SP_2024_-_FE_1605.webp

(Choose 1 answer)
The following transactions occurred during July:
1. Received $900 cash for services provided to a customer during July.
2. Received $2,200 cash investment from Barbara Hanson, the owner of the business.
3. Received $750 from a customer in partial payment of his account receivable which arose from sales in June.
4. Provide services to a customer on credit, $375.
5. Borrowed $6,000 from the bank by signing a promissory note.6. Received $1,250 cash from a customer for services to be rendered next year.What was the amount of revenue for July?
A. $ 900.
B. $ 1,275.
C. $ 2,525.
D. $ 3,275.
Ε. $11,100.
I

Q: 29

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