Which of These Would Not Be Recorded as Increasing Income

question 22

Multiple Choice

Which of these would not be recorded as increasing income on 13 January?

• A) Cash sale on 13 January.
• B) Cash sale on 31 January.
• C) Credit sale on 13 January.
• D) Sale where $2 000 is paid on 13 January and the balance of $3 000 is paid on 5 February.