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mit G Google Mail - blozanowny... LOI 10 Lavas Ruiz G Saved During January 2018, the first month of operations, a consulting firm had following
mit G Google Mail - blozanowny... LOI 10 Lavas Ruiz G Saved During January 2018, the first month of operations, a consulting firm had following transactions: 1. Issued common stock to owners in exchange for $48,000 cash. 2. Purchased $12,000 of equipment, paying $2,400 cash and signing a promissory note for $9,600. 3. Received $21,600 in cash for consulting services performed in January 4. Purchased $3,600 of supplies on account, all of the supplies were used in January. 5. Provided consulting services on account in the amount of $38.400. 6. Paid $1,800 on account. 7. Paid $7,200 to employees for work performed during January 8. Received a bill for utilities for January of $8.150: the bill remains unpaid. What is the amount of total revenue to be reported on the income statement for the month of January? Multiple Choice 0 $69.600
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