All of the following transactions should be recorded EXCEPT for
A) providing services to customers.
B) purchasing supplies on account.
C) ordering equipment.
D) incurring expenses.
E) all of the above should be recorded.

Question

Quizplus · Accepted Answer

Ordering equipment does not involve an immediate exchange of resources or a financial transaction that impacts the accounting equation, so it is not recorded until the purchase is actually made or the service is received.

All of the Following Transactions Should Be Recorded EXCEPT for