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Hi, if you could explain in short how you got answer as well, that would help alot. Thank you, The following transactions occurred during July
Hi, if you could explain in short how you got answer as well, that would help alot. Thank you,
The following transactions occurred during July 1. Received $1,090 cash for services provided to a customer during July. 2. Received $5,800 cash investment from Bob Johnson, the owner of the business 3. Received $940 from a customer in partial payment of his account receivable which arose from sales in June. 4. Provided services to a customer on credit, $565. 5. Borrowed $7,900 from the bank by signing a promissory note. 6. Received $1,440 cash from a customer for services to be rendered next year. What was the amount of revenue for July? Multiple Choice $1,090. $1655. 3.095. $4035 $17170Step by Step Solution
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