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The following transactions occurred during July for Hurley Services: 1 Received $1,800 cash for photography services provided to customer during the month. 2 Received $1,500
The following transactions occurred during July for Hurley Services:
1 | Received $1,800 cash for photography services provided to customer during the month. |
2 | Received $1,500 cash from Barbara Blanc, the owner of the business. |
3 | Received $1,300 from a customer in partial payment of his account receivable which arose as a result of sales during June. |
4 | Rendered photography services to a customer on credit, $1,100. |
5 | Borrowed $300 from the bank by signing a promissory note. |
6 | Received $700 from a customer in payment for services to be rendered next year. |
How much revenue was earned in July?
Multiple Choice
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$7,000
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$5,500
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$2,300
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$2,900
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$1,200
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