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Author Question: Which of the following would be an appropriate account number for Selling Expenses a. 11 b. 21 c. ... (Read 34 times)

laurencescou

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on: Jul 6, 2018
Which of the following would be an appropriate account number for Selling Expenses
 a. 11
  b. 21
  c. 41
  d. 61

Question 2

The town of Bakersville issued 700,000 of refunding bonds at a 1 premium. Bond issuance costs were 10,000; 695,000 is to be used to retire the existing bonds. Other financing uses will be debited for
 
  a. 0
  b. 7,000
  c. 10,000
  d. 695,000
  e. 683,000


kbennett34

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

D

Answer to Question 2

D


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