Select the Choice That Describes the Type of Transaction and Whether

question 20

Short Answer

Select the choice that describes the type of transaction and whether it should be recorded in the accounting system. (Choices may be used more than once.)
a.External event to be recorded as a transaction
b.Internal event to be recorded as a transaction
c.Event which should not be recognized in the accounting system
-An order is placed with a supplier for merchandise.

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Definitions:

Placental Development

The process by which the placenta forms and matures to support fetal development during pregnancy.

Smoking Cigarettes

The act of inhaling and exhaling the smoke produced by burning tobacco in rolled paper.

Micronutrients

Essential vitamins and minerals that organisms need in small quantities for proper health and development.

Teratogen

An agent or factor that can cause malformation of an embryo or fetus, leading to birth defects or pregnancy loss.