ABC Company experienced an accounting event that affected its financial statements as indicated below: Which of the following accounting events could have caused these effects on ABC's financial statements?
A) earned revenue on account
B) purchased equipment on account
C) provided services to customers for cash
D) recognized accrued salaries owed to employees

Question

ABC Company experienced an accounting event that affected its financial statements as indicated below:  Which of the following accounting events could have caused these effects on ABC's financial statements?
A) earned revenue on account 
B) purchased equipment on account 
C) provided services to customers for cash 
D) recognized accrued salaries owed to employees

Quizplus · Accepted Answer

The Answer of ABC Company experienced an accounting event that affected its financial statements as indicated below:  Which of the following accounting events could have caused these effects on ABC's financial statements?
A) earned revenue on account 
B) purchased equipment on account 
C) provided services to customers for cash 
D) recognized accrued salaries owed to employees

ABC Company Experienced an Accounting Event That Affected Its Financial