A Transaction That Would Include a Credit to Cash Is

question 20

Multiple Choice

A transaction that would include a credit to Cash is:

• A)the purchase of supplies on account.
• B)the payment of an account payable.
• C)the collection of cash from an account receivable.
• D)provide services and receive cash from the customer.

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Definitions:

Discrepancy Of Quantity

A mismatch between the amount ordered and the amount delivered or received in a business transaction.

Manufacturers

Companies or individuals that produce finished goods from raw materials through the use of various processes, equipment, and operations.

Sales Promotion

A marketing technique used to boost sales and attract customer attention through special offers, discounts, or other incentives.

Promotional Spending

Funds allocated by a business towards advertising, public relations, and sales promotions to increase brand awareness and sales.