The Following Transactions Occurred During July: 1

question 205

Multiple Choice

The following transactions occurred during July: 1.Received $1,600 cash for services performed during July.
2.Received $10,000 cash from the issuance of common stock to owners.
3.Received $800 from a customer as payment for services performed during June.
4.Billed $7,000 to customers for services performed on account in July.
5.Borrowed $5,000 from the bank and signed a promissory note.
6.Received $2,000 from a customer for services to be performed during August.
What is the amount of revenue that will be reported on the income statement for the month ended July 31?

• A)$10,600.
• B)$11,400.
• C)$8,600.
• D)$14,400.

Differentiate between anabolic and catabolic reactions in terms of energy.

Understand the conditions required for measuring basal metabolic rate accurately.

Understand the origin of metabolic waste products such as urea.

Understand and identify the criteria for defining objectives, goals, mission, and vision within project management.