Following are transactions for Valdez Services, a company owned by Brina Valdez.

a. Brina Valdez invests $39,350 cash in the company in exchange for common stock.
b. The company provided $2,300 of services on credit.
c. The company provided services to a client and immediately received $875 cash.
d. The company received $10,200 cash from a client in payment for services to be provided next year.
e. The company received $3,500 cash from a client in partial payment of an account receivable.
f. The company borrowed $120,000 cash from the bank by signing a promissory note.

Required: Examine the above transactions and identify those that create revenues.

Revenue is the term of accounting which is defined as the income or money which is generated from the operations of the normal business and it involve the deductions for the returned merchandise and discounts.

It is created when the business offer some service to the clients and in return the money for the services provided by the company.

So, the transaction which generate the revenue are:

The company offered the service to customer and against it received the cash which amounts to $875.

The company offered the services to the customer on credit worth $2,300.

Therefore, these two transactions are the one which generate the revenue to the company.