This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Entries in the Accounts Payable Debit column of the cash payments journal are posted daily to the ... (Read 35 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Jul 6, 2018
Entries in the Accounts Payable Debit column of the cash payments journal are posted daily to the accounts payable ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following is not a primary financial reporting objective of state and local government (SLG) reporting?
 
  A. Provide information necessary to assess the level of LG services and its ability to continue to finance its activities and meet its obligations.
  B. Provide information necessary for investment and credit decisions.
  C. Provide a means of demonstrating the SLG's accountability that enables users to assess that accountability.
  D. Provide information necessary to evaluate the SLG's operating results for the period.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

B


tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jul 6, 2018
:D TYSM

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig The S-curve in the human vertebral column--a result of the evolution of bipedality--makes humans hig
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
DISTILLATION/ABSORPTION COLUMN DESIGN DISTILLATION/ABSORPTION COLUMN DESIGN
Estimating Daily Caloric Expenditure Estimating Daily Caloric Expenditure
Accounting (Making Entries) Accounting (Making Entries)
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library