A Company Completed the Following Transactions During the Month of October

question 30

Multiple Choice

A company completed the following transactions during the month of October: I. Purchased office supplies on account, $4,000.
II. Provided services for cash, $10,000.
III. Provided services on account, $12,000.
IV. Collected cash from a customer on account $7,000.
V. Paid the monthly rent of $3,000.
What was the company's total revenue for the month?

• A) $10,000
• B) $22,000
• C) $29,000
• D) $36,000

---

Definitions:

Increase with Age

A process or phenomenon that grows or intensifies as one becomes older.

Face to Face

Direct interaction between two or more people, physically present in the same location, typically involving eye contact and verbal communication.

Self-Disclosure

The act of sharing personal thoughts, feelings, or information with others, often to build trust or intimacy in relationships.

Less Inhibited

Describes a state or condition where an individual shows reduced restraint or is more prone to expressing themselves freely and openly.