You Should Not Record ____ on an Income and Expense

Multiple Choice

You should not record ____ on an income and expense statement covering January 1 to June 30.

A) an $800 refrigerator bought on credit June 2 for which payment is not due until July
B) a paid March telephone bill
C) health insurance premiums deducted from monthly pay checks
D) checking account service charges
E) groceries bought and paid for in June