Which of the Following Is Not an Example of the Application

question 15

Multiple Choice

Which of the following is not an example of the application of the revenue principle?

• A) Recording the sale of merchandise on credit in sales revenue.
• B) Recording accrued interest revenue on a loan made to another party.
• C) Recording rent received in advance as rent revenue.
• D) Recording the sale of merchandise for cash in sales revenue.

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Definitions:

Rash

A noticeable change in the texture or color of the skin, often due to infections, allergies, or diseases.

Swelling

The enlargement of a body part due to the accumulation of fluid in the tissues, often a response to injury or inflammation.

Pressure Point

Specific areas on the body that, when pressed or massaged, can relieve pain or stress.

Blood-soaked Dressing

A medical bandage that is saturated with blood, indicating a need for immediate attention and potential replacement.