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Which of These Would Not Be Recorded as Increasing Income

Question 22

Multiple Choice

Which of these would not be recorded as increasing income on 13 January?


A) Cash sale on 13 January.
B) Cash sale on 31 January.
C) Credit sale on 13 January.
D) Sale where $2 000 is paid on 13 January and the balance of $3 000 is paid on 5 February.

Correct Answer:

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