Question 1
Which of the following transactions is represented by the diagram below?
◦ A lumber yard where customers may pay with cash for all purchases.
◦ A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer.
◦ A consulting firm that offers a variety of consulting services to other businesses.
◦ A department store that
allows customers to carry a balance and to make installment payments, if they choose.
Question 2
Which of the following transactions is represented by the diagram below?
◦ A lumber yard where customers may pay with cash for all purchases.
◦ A buy-here-pay-here auto dealer where a car buyer sends monthly cash payments to the dealer.
◦ A consulting firm that offers a variety of consulting services to other businesses.
◦ A department store that
allows customers to carry a balance and to make installment payments, if they choose.
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