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25 Feb 2019
1. Received $1,550 cash for services performed during July. 2.Received $7,650 cash from the issuance of common stock to owners.3. Received $775 from a customer as payment for services performedduring June. 4. Billed $4,700 to customers for services performedon account in July. 5. Borrowed $3,200 from the bank and signed apromissory note. 6. Received $2,125 from a customer for services tobe performed during August. 4. value: 2.00 points Requiredinformation What is the amount of revenue that will be reported onthe income statement for the month ended July 31? $10,225 $6,250$8,375 $9,150
1. Received $1,550 cash for services performed during July. 2.Received $7,650 cash from the issuance of common stock to owners.3. Received $775 from a customer as payment for services performedduring June. 4. Billed $4,700 to customers for services performedon account in July. 5. Borrowed $3,200 from the bank and signed apromissory note. 6. Received $2,125 from a customer for services tobe performed during August. 4. value: 2.00 points Requiredinformation What is the amount of revenue that will be reported onthe income statement for the month ended July 31? $10,225 $6,250$8,375 $9,150
Hubert KochLv2
26 Feb 2019
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Related questions
| The following transactionsoccurred during July: |
| 1. | Received $1,200 cash for servicesperformed during July. |
| 2. | Received $6,400 cash from theissuance of common stock to owners. |
| 3. | Received $600 from a customer aspayment for services performed during June. |
| 4. | Billed $4,100 to customers forservices performed on account in July. |
| 5. | Borrowed $2,900 from the bankand signed a promissory note. |
| 6. | Received $1,600 from a customerfor services to be performed during August. |
What is the amount of revenue that will be reported on theincome statement for the month ended July 31? |
