Select the Choice That Describes the Type of Transaction and Whether

question 193

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
-A bill is received for the current month's utilities.

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Definitions:

Australopithecine Fossils

Prehistoric remains of hominid species, belonging to the genus Australopithecus, that are among the earliest known human ancestors.

Million Years

A period of time equal to one thousand times one thousand years, often used to denote significant periods in Earth's geological and biological history.

Hominoids

A group of primates that includes all apes and humans, characterized by their lack of a tail and more complex brains.

Toumai

A nickname for Sahelanthropus tchadensis, one of the oldest known species in the human lineage, discovered in Chad, Africa dating to about 7 million years ago.