A Company Completed the Following Transactions During the Month of October

question 82

Multiple Choice

A company completed the following transactions during the month of October: I. Purchased office supplies on account, $5600.
II. Provided services for cash, $22,000.
III. Provided services on account, $36,000.
IV. Collected cash from a customer on account, $27,000.
V. Paid the monthly rent of $3800.
What was the company's total revenue for the month?

• A)$22,000
• B)$36,000
• C)$58,000
• D)$85,000