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

Author Question: Which of the following items would require an adjustment to convert governmental fund information to ... (Read 66 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
Which of the following items would require an adjustment to convert governmental fund information to governmental activities information in the statement of activities?
 
  a. Interest expense
  b. Property tax revenue
  c. Proceeds from the sale of capital assets
  d. All of the above

Question 2

The accounts in the ledger of Monroe Entertainment Co are listed below. All accounts have normal balances. Accounts Payable 1,500 Fees Earned 3,600 Accounts Receivable 1,800 Insurance Expense 1,300 Prepaid Insurance 2,000 Land 3,000 Cash 3,200 Wages Expense 1,400 Drawing 1,200 Capital 8,800 The total of all the assets isa. 10,000 b. 8,000 c. 9,700 d. 9,800



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

D

Answer to Question 2

a




tsand2

  • Member
  • Posts: 520
Reply 2 on: Jul 5, 2018
Excellent


cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library