Which of the Following Business Events May Not Be Recorded

question 52

Multiple Choice

Which of the following business events may not be recorded in a company's general ledger?

• A) The company paid each of its employees a Christmas bonus.
• B) A lawsuit has been filed by one of the company's customers (against the company).
• C) The company issued 100 shares of common stock.
• D) The company purchased two acres of land for future plant expansion.

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Definitions:

Changing Circumstances

The variation or alteration of conditions or situations over time.

Viable

Capable of working successfully or living; feasible and able to sustain life or effectiveness.

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The Initial Session in therapy or counseling is the first meeting between a practitioner and client, aimed at establishing rapport, assessing client needs, and setting goals for future sessions.

Teenage Daughter

A female offspring in her teen years, typically between the ages of 13 and 19, navigating through adolescence towards adulthood.