At the End of the Month BBB Ltd Determined That

question 35

Multiple Choice

At the end of the month BBB Ltd determined that the cost to them of goods that had been sold during the month was $125,000.How would this information be recorded?

• A)The information is not recorded as no economic event had taken place.
• B)A decrease in inventory of $125,000 and an increase in expenses of $125,000.
• C)An increase in inventory of $125,000 and a decrease in cash of $125,000.
• D)An increase in expenses of $125,000 and an increase in accounts payable of $125,000

---

Definitions:

Genetically Male

Terms pertaining to individuals with an XY chromosome pair, determining male biological sex.

Identical Stem Cells

Cells that are genetically identical and have the potential to develop into any type of cell in the body, used in various medical treatments and research.

Specialized Parts

Components within a system designed to perform a specific function or task, often contributing to the overall efficiency and effectiveness of the system.

Human Body

The physical structure of a human being, comprising the head, neck, trunk (which includes the thorax and abdomen), arms and hands, legs and feet.