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Author Question: Adjusting entries does not always affect both the income statement and the balance sheet. a. True ... (Read 480 times)

Mollykgkg

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on: Jul 5, 2018
Adjusting entries does not always affect both the income statement and the balance sheet.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

The General Fund and other funds for which individual fund financial information is presented in separate columns in the basic governmental fund financial statements are known as
 
  a. principal funds
  b. primary funds
  c. major funds
  d. master funds


sierramartinez

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

c


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Mollykgkg

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Reply #2 on: Jul 5, 2018
Thank you


sierramartinez

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Reply #3 on: Jul 5, 2018
No problemo


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