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Select the Choice That Describes the Type of Transaction and Whether

question 9

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
-Cash sales are made.

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Definitions:

Suspended Sediment

Particles of soil or minerals that are carried by water and remain floating in the column rather than sinking to the bottom.

Northeastern Australia

A region of Australia located in the northeast part of the continent, known for its diverse ecosystems, including the Great Barrier Reef.

Caribbean

A region consisting of the Caribbean Sea, its islands, and the surrounding coasts, known for its diverse ecosystem.

Red Sea

A seawater inlet of the Indian Ocean, lying between Africa and Asia, known for its unique marine life and extensive coral reefs.

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