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Question 28 5 pts ABC Catering Service began operations in March when the owner invested Cash of $1,000 in exchange for common stock During
Question 28 5 pts ABC Catering Service began operations in March when the owner invested Cash of $1,000 in exchange for common stock During its first month of operations, the business catered three parties and collected cash from the customers for a total of $2.500. The company paid employees $700 and purchased supplies of $900 (of which $800 were used). The company also collected a deposit of $1.200 for a wedding reception to be catered in May. Record each of the March transactions to determine total revenue for the month. $1.500 O None of the responses provided. O $2.500 O $3.000 O $1,000
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