The following transactions occurred during July: 1. Received $900 cash for services provided to a customer during July. 2. Issued common stock for $2,200 cash. 3. Received $750 from a customer in partial payment of his account receivable which arose from sales in June. 4. Provided services to a customer on credit, $375. 5. Borrowed $6,000 from the bank by signing a promissory note. 6. Received $1,250 cash from a customer for services to be performed next year. What was the amount of revenue for July?
A. $900.
B. $3,275.
C. $1,275.
D. $11,100.
E. $2,525.
Answer: C
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