please help asap4! The following transactions occurred during August: (1.) Recei
ID: 2350190 • Letter: P
Question
please help asap4!The following transactions occurred during August:
(1.) Received $1,100 cash for services provided to a customer during August.
(2.) Received $2,800 cash investment from Barbara Hanson, the owner of the business.
(3.) Received $820 from a customer in partial payment of his account receivable which arose from sales in July.
(4.) Provided services to a customer on credit, $375.
(5.) Borrowed $6,500 from the bank by signing a promissory note.
(6.) Received $1,720 cash from a customer for services to be rendered next year.
What was the amount of revenue for August?
$13,315.
$1,475.
$2,820.
$10,400.
$4,275.
Explanation / Answer
$10,400.
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