The General Fund transfers 75,000 of employer pension ...

[Engineer]

The General Fund transfers 75,000 of employer pension contributions to the Pension Trust Fund. The Pension Trust Fund should
 
  A. Report revenues of 75,000.
  B. Report transfers of 75,000.
  C. Report expenses of 75,000.
  D. Report additions of 75,000.

Question 2

The balance in the accumulated depreciation account is the sum of the depreciation expense recorded in past periods.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[heinisk01]

Answer to Question 1

D

Answer to Question 2

True

[Engineer]

Thanks for the timely response, appreciate it

[mammy1697]

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