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The following transactions occurred during July: 1. Received $950 cash for services provided to a customer during July. 2. Issued common stock for $3,000 cash.

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The following transactions occurred during July: 1. Received $950 cash for services provided to a customer during July. 2. Issued common stock for $3,000 cash. 3. Received $800 from a customer in partial payment of his account receivable which arose from sales in June. 4. Provided services to a customer on credit, $425. 5. Borrowed $6,500 from the bank by signing a promissory note. 6. Received $1,300 cash from a customer for services to be performed next year. What was the amount of revenue for July? Multiple Choice $950 $1,375 $2,675

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