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20 of 29 53/113. The following transactions occurred during July 1. Received $900 cash for services provided to a customer during July 2. Received $2,200

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20 of 29 53/113. 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 Bob Johnson, the stockholder of the business. 3. Received $750 from a customer in partial payment of his account recelvable which arose fronm sales in June. 4. Provided 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 oustomer 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 E. $11.100. 54/114.I Taylor Willow, the owner of Willow Hardware Inc., uses cash of the business to purchase a family automobile, the business should record this use of cash with an entry to: A Debit Automobiles and credit Cash. B. Debit Cash and credit Salary Expense. C. Debit Cash and credit Dividends D. Debit Dividends and credit Cash E. Debit Cash and credit Automobiles

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