All the following are nonsales type of deposit except:
A)Money received from a loan
B)Payment from a customer
C)Cash from investors
D)Interest earned

Question

Quizplus · Accepted Answer

Payment from a customer is a sales type of deposit, as it represents revenue earned from the sale of a product or service. The other options listed are nonsales type of deposits, as they do not directly represent revenue earned from sales. Money received from a loan represents borrowed funds, cash from investors represents investment capital, and interest earned represents income earned from investing or saving funds.

All the Following Are Nonsales Type of Deposit Except