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The following transactions occurred during July: Received $980 cash for services provided to a customer during July. Received $3,600 cash investment from Bob Johnson, the
The following transactions occurred during July:
- Received $980 cash for services provided to a customer during July.
- Received $3,600 cash investment from Bob Johnson, the owner of the business
- Received $830 from a customer in partial payment of his account receivable which arose from sales in June.
- Provided services to a customer on credit, $455.
- Borrowed $6,800 from the bank by signing a promissory note.
- Received $1,330 cash from a customer for services to be rendered next year.
What was the amount of revenue for July?
Multiple Choice
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$980.
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$1,435.
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$2,765.
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$13,540.
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$3,595.
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