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Author Question: In the proprietary fund statements, a government should include a separate column for A. Each ... (Read 80 times)

Mr3Hunna

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  • Posts: 536
on: Jul 6, 2018
In the proprietary fund statements, a government should include a separate column for
 
  A. Each major Enterprise Fund only.
  B. Each major Enterprise Fund, nonmajor Enterprise Funds in the aggregate, and Enterprise Funds total only.
  C. Each major Enterprise Fund, nonmajor Enterprise Funds in the aggregate, Enterprise Funds total, and Internal Service Funds in the aggregate.
  D. Each major Enterprise Fund, nonmajor Enterprise Funds in the aggregate, Enterprise Funds total, Internal Service Funds in the aggregate, and Proprietary Funds total.

Question 2

Sales plus Sales Returns and Allowances minus Sales Discounts equals Net Sales on the income statement.
  Indicate whether the statement is true or false


l.stuut

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Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

F


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