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?
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The following transactions occurred during July:
Received $1,300 cash for services performed durin...
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