question archive Which of the following is an Asset exchange transaction? a

Which of the following is an Asset exchange transaction? a

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Which of the following is an Asset exchange transaction?

a. Issued common stock

b. Accrued salary expense at the end of the Accounting period

c. Collected cash on accounts receivable

d. Recognized revenue earned on a contract where the cash had been collected at an earlier date

Option 1

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Option 2

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