f.The company borrowed $120,000 cash from the bank by signing a promissory note.Required:1. Examine the above transactions and identify those that create revenues. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
2. Prepare general journal entries to record those transactions that created revenues in the above given order.
[The following information applies to the questions displayed below.] 6-8Carmen Camry operates a consulting firm called Help Today, which began operations on August 1. On August 31, the company’s records show the following accounts and amounts for the month of August.