A company completed the following transactions during the mo

A company completed the following transactions during the month of October:

I. Purchased office supplies on account, $ 4,000

II. Provided services for cash, $ 25,000

III. Provided services on account, $ 34,000

IV. Collected cash from a customer on account, $ 31,000

V. Paid the monthly rent of, $ 4,000

What was the company\'s total revenue for the month?

A. $ 34,000

B. $ 90,000

C. $ 59,000

D. $ 25,000

Solution

company\'s total revenue for the month would be equal to the services provided for both cash and on account.

Hence company\'s total revenue would be equal to

=(25000+34000)

which is equal to

=$59000.