Which of the following is not one of the five classes of transactions included in the sales and collection cycle?
a. Sales returns and allowancesb. Charge-off of uncontrollable accounts
c. Bad debt expense
d. Depreciation expense
Which of the following is not one of the five classes of transactions included in the sales and collection cycle?
b. Charge-off of uncontrollable accounts
c. Bad debt expense
d. Depreciation expense