Consider the Following Transactions: (I)Borrows $1m from the Bank

question 2

Multiple Choice

Consider the following transactions: (i) Borrows $1m from the bank.
(ii) Collects $100 000 from accounts receivable.
(iii) Receives $90 000 from a client for work to be done in the next accounting period.
(iv) Sale of inventory (costing $70 000) on credit for $200 000.
Which of the above transactions do NOT increase revenue?

• A) (ii)and (iii)only
• B) (iii)and (iv)only
• C) (ii)and (iv)only
• D) (i), (ii)and (iii)

---

Definitions:

Electrically Stimulated

The application of electrical impulses to the body or brain to elicit responses or treat various medical or psychological conditions.

Left Ankle

refers to the joint that connects the foot with the lower leg on the left side of the body, enabling movements such as walking and running.

Motor Cortex

A sector of the cerebral cortex responsible for the orchestration, management, and performance of voluntary actions.

Somatosensory Cortex

A part of the brain responsible for processing sensory information from across the body, such as touch, temperature, and pain.