Singapore GCE O-Level Principles Of Accounts Practice Questions - Singapore GCE O-Level Principles Of Accounts Exam

Which of the following events would NOT be recorded in the accounting books of a sole proprietorship?

The departure of a highly skilled operations manager The payment of monthly office rent by cheque The purchase of inventory on 30-day credit terms The receipt of interest from a fixed deposit account

Correct Answer:

The departure of a highly skilled operations manager

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