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BD One Company Entered into the Following Transactions

Question 38

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

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