Author Question: Which fund used by colleges and universities is most like a local government's general fund? A. ... (Read 38 times)

panfilo

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Which fund used by colleges and universities is most like a local government's general fund?
 
  A. Unrestricted current fund.
  B. Restricted current fund.
  C. Unexpended plant fund.
  D. Agency funds.

Question 2

The usual presentation of the statement of owner's equity is (1) Beginning capital, (2) Net income or loss, (3) Drawing, (4) Owner's contributions, (5) Ending capital.
 a. True
  b. False
 
   Indicate whether the statement is true or false



voltaire123

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Answer to Question 1

A

Answer to Question 2

False



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