Author Question: A separate line in the two-column journal should be used for each account title. a. True b. False ... (Read 36 times)

imowrer · **on:** Jul 5, 2018

A separate line in the two-column journal should be used for each account title.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Based on the preceding set of facts, what should be reported in the financial statements of the General Fund for the year?

a. other financing uses of 1 million
b. expenditures of 1 million
c. other financing sources of 2 million and other financing uses of 1 million
d. revenues of 2 million and other financing sources of 7 million