Which of the Following Transactions Would Not Be Recorded in the Cash

question 9

Multiple Choice

Which of the following transactions would not be recorded in the cash receipts journal?

• A) Cash refund to a customer for goods returned by them.
• B) Goods sold for cash.
• C) Second hand furniture sold for cash.
• D) Borrowings received from the bank.

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Definitions:

Intentions

The plans or objectives that individuals set for themselves, which guide their behavior.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding.

Punished

The act of imposing a penalty or negative consequence on an individual or entity in response to an undesired behavior or action.

Television Privileges

The allowance or permission granted by an authority (such as parents or guardians) regarding the use of television.