« previous next »

Author Question: When an account payable is paid with cash, the owner's equity in the business decreases. a. True ... (Read 29 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jul 5, 2018
When an account payable is paid with cash, the owner's equity in the business decreases.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Major fund reporting is required for which of the following fund types?
 
  A. Enterprise Funds.
  B. Internal Service Funds.
  C. Agency Funds.
  D. Private-Purpose Trust Funds.


parshano

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

More young men than women live in their parents’ homes, though the proportion for both decreases ... More young men than women live in their parents’ homes, though the proportion for both decreases ...
Literacy and Gender Equity Literacy and Gender Equity
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
International Business: The Challenges of Globalization, 8th Edition International Business: The Challenges of Globalization, 8th Edition
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library