The Following Transactions Occurred During July: A

question 168

Multiple Choice

The following transactions occurred during July: a.Received $900 cash for services provided to a customer during July.
b.Received $2,200 cash investment from Barbara Hanson,the owner of the business.
c.Received $750 from a customer in partial payment of his account receivable,which arose from sales in June.
d.Provided services to a customer on credit,$375.
e.Signed a promissory note for a $6,000 bank loan.
f.Received $1,250 cash from a customer for services to be rendered next year.
What was the amount of revenue for July?

• A)$900
• B)$1,275
• C)$2,525
• D)$3,275
• E)$11,100

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Definitions:

Rude

Displaying or characterized by a lack of manners or consideration for others.

Audience

An audience is a group of people who gather physically or virtually to watch, listen to, or read something presented to them.

Hostile Reader

An audience that is skeptical or antagonistic to the writer's viewpoint or arguments.

Subject

the main topic or area of interest being discussed or studied.