Multiple Choice
BD One Company entered into the following transactions. Choose the one which represents an accounting error.
A) A shareholder of BD One Company purchases a new car, but this was not recorded by the company.
B) Revenue was recognized when a customer received services from BD One Company.
C) Cash received from a customer in payment of his account was debited to Cash and credited to Accounts Receivable.
D) BD One Company ordered inventory and the order was recorded by a debit to Inventory and a credit to
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Which of the following would not be
Q35: What is the total of the debit
Q36: In January, the Caribbean Dream Resort books
Q37: As a result of these transactions, the
Q43: Time Warner is a publishing and communications
Q50: Which of the following accounts has a
Q52: Which of the following is not true
Q62: Unearned Revenue is a liability account.
Q65: What is the amount of net income
Q98: Which of the following statements regarding cash