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Author Question: Which of the following would be classified as Other Financing Sources (Uses)? a. Purchase of ... (Read 37 times)

rayancarla1

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on: Jul 5, 2018
Which of the following would be classified as Other Financing Sources (Uses)?
 
  a. Purchase of capital assets
  b. Proceeds from the issuance of 6-month notes payable
  c. Transfers from an Internal Service Fund
  d. All of the above

Question 2

Journal entries can have more than two accounts as long as the debits equal the credits.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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lorealeza

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

True


rayancarla1

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

yeungji

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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