Select the choice that describes the type of transaction and whether it should be recorded in the accounting system. (Choices may be used more than once.)
a.External event to be recorded as a transaction
b.Internal event to be recorded as a transaction
c.Event which should not be recognized in the accounting system
-Amounts collected from cash and credit customers is deposited in the company's bank account.

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The Answer of Select the choice that describes the type of transaction and whether it should be recorded in the accounting system. (Choices may be used more than once.)
a.External event to be recorded as a transaction
b.Internal event to be recorded as a transaction
c.Event which should not be recognized in the accounting system
-Amounts collected from cash and credit customers is deposited in the company's bank account.

Select the Choice That Describes the Type of Transaction and Whether