An investment of cash by the owner is recorded in the general ...

[NguyenJ]

An investment of cash by the owner is recorded in the general journal unless a cash receipts journal is used.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A government's General Fund departments purchased electric services from the government's own Electric Utility Enterprise Fund. This transaction is an example of an interfund
 
  a. transfer.
  b. services provided and used transaction.
  c. reimbursement transaction.
  d. loan.

[Mollythedog]

Answer to Question 1

True

Answer to Question 2

B

[NguyenJ]

TYSM

[olderstudent]

Thanks for the timely response, appreciate it