The following transactions occurred during July 1. Received $1.080 cash for services provided to a...
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The following transactions occurred during July 1. Received $1.080 cash for services provided to a customer during July. 2. Issued common stock for $5,600 cash. 3. Received $930 from a customer in partial payment of his account receivable which arose from sales in June 4. Provided services to a customer on credit. $555. 5. Borrowed $7,800 from the bank by signing a promissory note. 6. Received $1,430 cash from a customer for services to be performed next year. What was the amount of revenue for July under the accrual basis? Multiple Choice $1,080 $1,635. $3,065 $16,840 $3,995 O
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