The Following Transactions Occurred During July

question 128

Multiple Choice

The following transactions occurred during July:
1.Received $800 cash for services performed during July.
2.Received $5,000 cash from the issuance of common stock to owners.
3.Received $400 from a customer as payment for services performed during June.
4.Billed $3,500 to customers for services performed on account in July.
5.Borrowed $2,500 from the bank and signed a promissory note.
6.Received $1,000 from a customer for services to be performed during August.
-Use the information above to answer the following question.As a result of these transactions,what is the amount of the increase to the Cash account?

• A) $9,700.
• B) $13,200.
• C) $2,200.
• D) $7,200.

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Definitions:

Lymphocytes

A type of white blood cell essential for immune responses, playing a crucial role in recognizing and fighting off pathogens.

Secondary Immune Response

The rapid production of antibodies induced by a second exposure to an antigen several days, weeks, or even months after the initial exposure.

Antigenic Determinants

Specific parts of a foreign protein or pathogen that the immune system recognizes and responds to, also known as epitopes.

Sabin Polio

A type of oral polio vaccine developed by Albert Sabin that contains a weakened form of the polio virus, used to induce immunity against poliomyelitis.