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Vulture, Co. noted the following transactions which occurred in July: July 1 Received a $1,500 cash payment from a customer for services provided in June

  1. Vulture, Co. noted the following transactions which occurred in July:

    July

    1

    Received a $1,500 cash payment from a customer for services provided in June on account.

    July

    6

    Provided $850 worth of services to a customer on account.

    July

    8

    Provided $1,160 worth of services to a customer who paid cash.

    July

    July

    July

    11

    18

    25

    Received a $400 cash payment from a customer for whom Vulture had already provided services for on July 6th.

    Received a $910 cash payment from a customer for services to be provided in August.

    Provided $1,090 worth of services to a customer on account.

    Under accrual-basis accounting, how much revenue should the firm recognize in July?

    a.

    $5,910.

    b.

    $3,100.

    c.

    $1,940.

    d.

    $2,010.

    e.

    $3,970.

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