This topic contains a solution. Click here to go to the answer

Author Question: Purchase of capital assets by government colleges and universities engaged only in business would be ... (Read 164 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
Purchase of capital assets by government colleges and universities engaged only in business would be reported as
 
  A. Expenditures.
  B. Transfers to capital assets.
  C. Reclassifications.
  D. Increases in capital assets.

Question 2

At least two accounts are affected by every transaction.
 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

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

True




LaDunn

  • Member
  • Posts: 526
Reply 2 on: Jul 5, 2018
Wow, this really help


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library