« previous next »

Author Question: Which transaction is normally recorded in a special journal? a. sales returns b. depreciation ... (Read 67 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jul 5, 2018
Which transaction is normally recorded in a special journal?
 a. sales returns b. depreciation expense
  c. purchases on account d. issued stock dividend

Question 2

Tinsel Town has only two funds, the General Fund (GF), and a Capital Projects Fund (CPF).
 
  Summarized operating statements for each of the funds for fiscal 2013 are as follows:
   GF CPF Total
   Revenues 100  -- 100
   Expenditures 89 62 151
   Bond proceeds -- 70 70
   Increase in fund balance 11 8 19
   Beginning fund balance 52 0 52
   Ending fund balance 63 8 71
 
   The total net position balance for Tinsel Town's governmental activities at the end of fiscal 2013 is
   a. 63
   b. 43
   c. 68
   d. 75


essyface1

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

a (71 + 62 - 70)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Patients with physical special needs, such as a wheelchair, need to have this documented in their he Patients with physical special needs, such as a wheelchair, need to have this documented in their he
The first step in field recovery involves surveying the site, sometimes with special equipment. The first step in field recovery involves surveying the site, sometimes with special equipment.
The distance between the centerline of the main bearing journal and the centerline of the ... The distance between the centerline of the main bearing journal and the centerline of the ...
Wedge-shaped oil film curved around a bearing journal. Wedge-shaped oil film curved around a bearing journal.
How to solve equations that contain sine using special triangles (Part 1) How to solve equations that contain sine using special triangles (Part 1)
Including Students with Special Needs: A Practical Guide for Classroom Teachers, 8th Edition Including Students with Special Needs: A Practical Guide for Classroom Teachers, 8th Edition
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library