The Transaction That Could Not Result in a Credit Balance

question 15

Multiple Choice

The transaction that could not result in a credit balance in a debtor's account is:

• A) receipt of a deposit for work ordered.
• B) return of faulty goods by a customer after payment had been made.
• C) payment by a customer after the debt had been written off as irrecoverable.
• D) sale of goods on credit that will be paid for in the next accounting period.

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Definitions:

Parietal Lobe

The parietal lobe is a region of the brain associated with processing sensory information related to touch, pressure, temperature, and pain.

Primary Auditory Cortex

The part of the temporal lobe that is responsible for processing auditory information.

Temporal

Pertaining to time or located near the temples of the head.

Frontal

Relating to the frontal lobe of the brain, which is responsible for important cognitive skills, such as emotional expression, problem-solving, memory, and judgment.