A separate line in the two-column journal should be used for each ...

[imowrer]

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

[ttt030911]

Answer to Question 1

True

Answer to Question 2

a

[imowrer]

Thanks for the timely response, appreciate it

[bdobbins]

Wow, this really help