This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The General Fund transfers cash to provide working capital for a new Internal Service Fund. The ... (Read 125 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jul 5, 2018
The General Fund transfers cash to provide working capital for a new Internal Service Fund. The Internal Service Fund would report this transaction in the operating statement as
 
  A. Revenues.
  B. Other financing sources.
  C. Nonoperating revenues.
  D. Transfer in.

Question 2

Net income is shown on the work sheet in the Income Statement debit column and the Balance Sheet credit column.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

True


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jul 5, 2018
Wow, this really help

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« 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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Internal view of the heart illustrating the heart chambers, heart layers, and major blood vessels as Internal view of the heart illustrating the heart chambers, heart layers, and major blood vessels as
Olmsted, Vaux & Co., General plan of Riverside, Illinois. Olmsted, Vaux & Co., General plan of Riverside, Illinois.
Envelope showing four options for placement of ancillary service endorsements. Envelope showing four options for placement of ancillary service endorsements.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
PEPCK isozymes provide alternative routes to PEP and cytoplasmic reducing equivalents PEPCK isozymes provide alternative routes to PEP and cytoplasmic reducing equivalents
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Video: Splitting of Sugar, Oxidation/ Reduction & ATP Generation

For a complete list of videos, visit our video library