The Following Transactions Occurred During July

question 118

Multiple Choice

The following transactions occurred during July:
Received $900 cash for services provided to a customer during July.
Received $2,200 cash investment from Bob Johnson,the owner of the business.
Received $750 from a customer in partial payment of his account receivable which arose from sales in June.
Provided services to a customer on credit,$375.
Borrowed $6,000 from the bank by signing a promissory note.
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:

Respiratory Infection

An infection of the sinuses, throat, airways, or lungs, commonly caused by viruses or bacteria, leading to symptoms like coughing, sneezing, and difficulty breathing.

Onset of Diarrhea

The commencement or beginning of frequent and watery bowel movements.

Postoperative Atelectasis

The collapse of lung tissue affecting part or all of one lung, a common complication after surgery.

Bronchodilators

Medications that relax bronchial muscles and widen the airways, easing breathing in respiratory conditions like asthma.