Team Shirts Ordered T-Shirts from Its Supplier in June

question 76

Multiple Choice

Team Shirts ordered T-shirts from its supplier in June.The T-shirts were delivered in July.Team Shirts paid the bill in August and sold the T-shirts in September.When should Team Shirts recognize an expense using cash-basis accounting?

• A)June
• B)September
• C)August
• D)July

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Definitions:

Blowing Sound

A type of abnormal noise heard during auscultation, often indicating a respiratory or cardiac condition.

Stroke

A medical condition where blood flow to a part of the brain is interrupted, leading to cell death and potential loss of function such as speech, movement, or memory.

Varicose Veins

Enlarged, swollen veins, usually in the legs, caused by weakened or damaged vein walls or valves.

Tortuous

Describing something as full of twists, turns, or bends; not straightforward or direct.