Multiple Choice
The following transactions occurred during July for Hurley Services:(1) Received $800 cash for photography services provided to customer during the month.(2) Received $500 cash from Barbara Blanc, the owner of the business.(3) Received $300 from a customer in partial payment of his account receivable which arose as a result of sales during June.(4) Rendered photography services to a customer on credit, $1,500Borrowed $800 from the bank by signing a promissory note.(6) Received $500 from a customer in payment for services to be rendered next year.How much revenue was earned in July?
A) $1,200.
B) $2,300.
C) $2,800.
D) $7,000.
E) $5,500.
Correct Answer:

Verified
Correct Answer:
Verified
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