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The following transactions occurred during July: 1. Received $1,250 cash for services performed during July. 2. Received $6,600 cash from the issuance of common
The following transactions occurred during July: 1. Received $1,250 cash for services performed during July. 2. Received $6,600 cash from the issuance of common stock to owners. 3. Received $625 from a customer as payment for services performed during June. 4. Billed $4,250 to customers for services performed on account in July. 5. Borrowed $2,900 from the bank and signed a promissory note. 6. Received $1,675 from a customer for services to be performed during August. What is the amount of revenue that will be reported on the income statement for the month ended
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