Which One of the Following Transactions Is Recorded with the Same

question 28

Multiple Choice

Which one of the following transactions is recorded with the same entry in a perpetual and a periodic inventory system?

• A) Cash received on account with a discount
• B) Payment of freight costs on a purchase
• C) Return of merchandise sold
• D) Sale of merchandise on credit

---

Definitions:

Cross-Country Highway

A type of road or highway designed to facilitate long-distance travel across a country, often connecting multiple states or regions.

Traffic Flow

The movement of vehicles along roads and streets, as analyzed to improve efficiency and reduce congestion.

Computer Crashed

A sudden malfunction or failure of a computer system, leading to an inability to operate properly or access data.

Files Okay

An affirmation that documents or digital files are acceptable or in good order.