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Which of the following types of transactions does not result in the immediate recognition of revenue or expense for a small business using the cash

Which of the following types of transactions does not result in the immediate recognition of revenue or expense for a small business using the cash method? Multiple Choice Sales of inventory on account A note received from a customer in exchange for services rendered Salaries paid to employees by check Credit card payments from customers for services received All the choices will result in recognition of revenue or expense using the cash method

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