Which of the Following Events Is NOT Recorded by Accountants

question 48

Multiple Choice

Which of the following events is NOT recorded by accountants?

• A) purchase of a building for $200,000 cash
• B) effects of an economic boom
• C) sale of merchandise on account
• D) signing a $400,000 note to purchase land

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Definitions:

Phrenic Nerve

A nerve that originates in the neck and passes down between the lung and heart to reach the diaphragm, playing a crucial role in breathing by stimulating the diaphragm to contract and relax.

Cervical Plexus

A network of nerves in the neck that provides sensory and motor function to parts of the head, neck, and shoulders.

Cervical Nerves

The nerves that emerge from the cervical vertebrae in the neck and are involved in motor and sensory functions of the neck, shoulders, arms, and hands.

Sciatic Nerve

The largest and longest nerve in the human body, running from the lower back through the buttocks and down each leg.