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

Author Question: Footnote information that duplicates information in financial statements included in a. the CAFR ... (Read 81 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jul 5, 2018
Footnote information that duplicates information in financial statements included in
 
  a. the CAFR may be eliminated.
  b. the CAFR may be eliminated if the government does not issue its basic financial statements separately.
  c. the CAFR may be eliminated if the government does issue its basic financial statements.
  d. the CAFR is common and must be presented despite the duplication.

Question 2

The adjusting entry for gym memberships earned that was previously recorded in the unearned gym memberships account is
 a. debit Unearned Gym Memberships; credit Gym Memberships Revenue
  b. debit Gym Memberships Revenue; credit Unearned Gym Memberships
  c. debit Unearned Gym Memberships; credit Prepaid Gym Memberships
  d. debit Gym Memberships Expense; credit Unearned Gym Memberships


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaykayy05

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

D

Answer to Question 2

a


james9437

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Terry Winters, Color and Information. Terry Winters, Color and Information.
A Simplified Model of Information Flow in Human Memory A Simplified Model of Information Flow in Human Memory
The flow of genetic information in a typical cell The flow of genetic information in a typical cell
The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ... The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ...
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library