Multiple Choice
Which of the following events transactions) is an internal event for a business entity?
A) An accountant provides services for clients.
B) An accountant purchases computer equipment to maintain business records and prepare legal documents.
C) Periodically, part of the cost of the computer equipment used by an accountant is assigned to depreciation expenses.
D) An accountant receives cash payments from clients who were billed for services.
Correct Answer:

Verified
Correct Answer:
Verified
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