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The following transactions occurred during July: 1. Received $1,100 cash for services provided to a customer during July. 2. Issued common stock for $6,000
The following transactions occurred during July: 1. Received $1,100 cash for services provided to a customer during July. 2. Issued common stock for $6,000 cash. 3. Received $950 from a customer in partial payment of his account receivable which arose from sales in June. 4. Provided services to a customer on credit, $575. 5. Borrowed $8,000 from the bank by signing a promissory note. 6. Received $1,450 cash from a customer for services to be performed next year. What was the amount of revenue for July? Multiple Choice $1,100. $3,125. $17,500. $4,075. $1,675.
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