A person chooses to follow the cash accounting approach in their personal finances. Which of the following transactions best demonstrates this process?

a$.$

All the scenarios demonstrate a cash accounting approach.

b$.$

Ordering a new magazine subscription and choosing the option for them to bill you later$$making and recording the payment when the bill is received in the mail

c$.$

Buying some clothing on credit$$making and recording the monthly payments on the credit card until the full amount is paid off

d$.$

Taking your colleagues out to lunch and paying cash$$recording the payment