The Following Transactions Occurred During July for Hurley Services:(1)Received $800

question 99

Multiple Choice

The following transactions occurred during July for Hurley Services:(1) Received $800 cash for photography services provided to customer during the month.(2) Received $500 cash from Barbara Blanc, the owner of the business.(3) Received $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, $1,500Borrowed $800 from the bank by signing a promissory note.(6) Received $500 from a customer in payment for services to be rendered next year.How much revenue was earned in July?

• A)$1,200.
• B)$2,300.
• C)$2,800.
• D)$7,000.
• E)$5,500.

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Definitions:

Reinforcement

In psychology, a concept referring to the process of strengthening a behavior by providing a consequence that is rewarding or removing a negative outcome.

Work Motivation

The drive or incentive that propels individuals to achieve work-related goals, often influenced by personal satisfaction, rewards, and the work environment.

Task Performance

The act of executing and completing specific duties or objectives as part of one's role or job responsibilities.

Timely Feedback

Providing constructive responses or evaluations shortly after an action, task, or event to encourage learning and improvement.