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The following transactions occurred during July:

Received $1,300 cash for services performed during July.

Received $6,750 cash from the issuance of common stock to owners.

Received $650 from a customer as payment for services performed during June.

Billed $4,250 to customers for services performed on account in July.

Borrowed $3,000 from the bank and signed a promissory note.

Received $1,750 from a customer for services to be performed during August.


As a result of these transactions, what is the amount of the increase to the Cash account?

Multiple Choice

$9,200


$17,700


$13,450


$3,700

1 Answer

6 votes

Answer:

13,450 YAN po yung answer ma'am #CARRY ON LEARNING

User Nyisha
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