This topic contains a solution. Click here to go to the answer

Author Question: Other income and expenses are items that are not related to the primary operating activity. a. True ... (Read 18 times)

CORALGRILL2014

  • Hero Member
  • *****
  • Posts: 525
Other income and expenses are items that are not related to the primary operating activity.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The postclosing trial balance provides a check to see that the general ledger's debits are equal to its credits and to see that all temporary accounts have been closed.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

True

Answer to Question 2

TRUE




CORALGRILL2014

  • Member
  • Posts: 525
Reply 2 on: Jul 5, 2018
:D TYSM


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library