Which of the Following Events Does Not Result in the Recording

question 70

Multiple Choice

Which of the following events does not result in the recording of an expense?

• A) Payment of a dividend
• B) Purchase of gasoline for fill-up of a company car
• C) Receipt of a bill from the telephone company
• D) Payment of wages

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Definitions:

Concept Of Democracy

The principle or system of governance where power is vested in the people who exercise it directly or through elected representatives.

Non-Slaveholders

Individuals in societies with slavery who do not own slaves, often farming or working class without the means or desire to own slaves.

Federal Laws

Laws passed by the national government of a federal state, applicable nationwide.

Free Blacks

African Americans who were not enslaved before the Civil War, especially significant in the United States, living either by purchasing their freedom, being emancipated, or born to free parents.