Which of the Following Is Not an Accounting Transaction

question 180

Multiple Choice

Which of the following is not an accounting transaction?

• A) Issued shares of stock to investors in exchange for cash contributions of $4,000.
• B) Ordered inventory from suppliers for $3,000.
• C) Sold equipment to another company for $3,000 and accepted a note from the company promising payment in 6 months.
• D) Borrowed money from the bank by signing a promissory note for $2,000.

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Definitions:

Demand Data

Information related to the desire for and consumption of goods or services, used for analysis in business strategy and planning.

Seasonal Pattern

A cyclical pattern in data that repeats at regular intervals over a year, often observed in sales, weather, and economic data.

Time Series

A series of data points, generally comprising consecutive observations taken across a period of time.

Forecast

A prediction about future events or trends, often based on historical data and analysis, used in planning and decision-making processes.