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The following transactions occurred during July: 1. Received $1,100 cash for services provided to a customer during July. 2. Received $4,200 cash investment from
The following transactions occurred during July: 1. Received $1,100 cash for services provided to a customer during July. 2. Received $4,200 cash investment from Barbara Hanson, the owner of the business. 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, $475. 5. Borrowed $8,000 from the bank by signing a promissory note. 6. Received $1,450 cash from a customer for services to be rendered next year. What was the amount of revenue for July? Multiple Choice $3,975. $1,100. $3,025. $1,575. $15.700.
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