Which of the Following Transactions Is Recorded in the Revenue

question 122

Multiple Choice

Which of the following transactions is recorded in the revenue journal?

• A) sale of excess office equipment for cash
• B) rendering services for cash
• C) rendering services on account
• D) sale of excess office equipment on account

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Definitions:

Desired Task

A specific objective or activity that an individual or group aims to complete or achieve.

Competent

Describes an individual or entity that is sufficiently skilled, knowledgeable, and capable of performing a specified task or role effectively.

Commitment

A state of being dedicated to a cause, activity, or goal, demonstrating a willingness to give one's time and energy.

Low In Competence

Refers to individuals or entities that have insufficient skills, knowledge, or abilities in a specific area or discipline.