« previous next »

Author Question: Accounting for revenue on a cash basis means that no entry of revenue is made in the account until ... (Read 41 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
on: Jul 5, 2018
Accounting for revenue on a cash basis means that no entry of revenue is made in the account until the cash is received for the services performed.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following statements is true about the source of Enterprise Fund revenues?
 
  a. enterprise fund revenues may include revenues from sales to governmental agencies
  b. enterprise fund revenues always come from sales to individuals and organizations other than governmental organizations
  c. enterprise funds never receive governmental subsidies
  d. enterprise funds record proceeds from revenue bonds as revenues


otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

The fibers are made up of many myofibrils The fibers are made up of many myofibrils
A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ... A simple and easy-to-use tester can be made from a lighter plug and double banana plug that fits ...
Accounting Accounting
What is the mole fraction of I2 in a solution made by dissolving 139 g of I2 in 245 g of ... What is the mole fraction of I2 in a solution made by dissolving 139 g of I2 in 245 g of ...
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Time-of-entry mapping Time-of-entry mapping
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library