Which of the Following Would Be Treated as an Accounting

question 16

Multiple Choice

Which of the following would be treated as an accounting transaction for a gardening supply store?

• A) The company signed an agreement to rent store space at $200 month.
• B) The vice president of the company spoke at a luncheon that contributed to enhancing the company's reputation as a responsible company.
• C) The company ordered supplies for $500.
• D) The company loaned $500 to an employee.

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Definitions:

Depreciated

A reduction in the value of an asset over time, often due to wear and tear or obsolescence, which is accounted for in financial statements.