The following transactions are July activities of Emma's Tik Tok Service, which creates videos. Emma's collected...

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The following transactions are July activities of Emma's Tik Tok Service, which creates videos. Emma's collected $1066 from customers for services related to videos created in July. Emma's billed a customer for $762 for a video made on the last day of July. The bill is to be paid in August. On July 1, a customer gave Emma's advance payments totaling $1700 for the four months of work to be done equally staring in July Emma's received $690 from credit sales made to customers last month (in June). What is the revenue Emma will recognize in July? The following transactions are July activities of Evan's Tik Tok Service, which creates videos, Evan collected cash $4623 from customers for services related to videos created in July (the accounts were not accounts receivable). Evan billed a customer for $518 for a video made on the last day of July. The bill is to be paid in August On July 1, a customer gave Evan advance payments totaling $2011 for the four months of work to be done equally staring in July Evan received $514 from credit sales made to customers last month (in June). By what amount did total assets increase during July? The following transactions are July activities of Emma's Tik Tok Service, which creates videos. Emma's collected $1066 from customers for services related to videos created in July. Emma's billed a customer for $762 for a video made on the last day of July. The bill is to be paid in August. On July 1, a customer gave Emma's advance payments totaling $1700 for the four months of work to be done equally staring in July Emma's received $690 from credit sales made to customers last month (in June). What is the revenue Emma will recognize in July? The following transactions are July activities of Evan's Tik Tok Service, which creates videos, Evan collected cash $4623 from customers for services related to videos created in July (the accounts were not accounts receivable). Evan billed a customer for $518 for a video made on the last day of July. The bill is to be paid in August On July 1, a customer gave Evan advance payments totaling $2011 for the four months of work to be done equally staring in July Evan received $514 from credit sales made to customers last month (in June). By what amount did total assets increase during July?

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Question Q1 Cash collected 1066 from customers for se... View the full answer