Author Question: The normal balance of revenue accounts is a credit. a. True b. False Indicate whether the ... (Read 39 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
The normal balance of revenue accounts is a credit.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Incurring construction costs on a major general government capital project should require entries in a
 
  A. Capital Projects Fund.
  B. Debt Service Fund.
  C. General Long-Term Liabilities account.
  D. Permanent Fund.



amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

True

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

For a complete list of videos, visit our video library