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Author Question: Which of the following is an official fund category used by state and local governments? A. ... (Read 39 times)

Coya19@aol.com

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on: Jul 6, 2018
Which of the following is an official fund category used by state and local governments?
 
  A. Current funds.
  B. Expendable funds.
  C. Governmental funds.
  D. General capital asset funds.

Question 2

Which of the following accounts is debited in the closing entries?
 a. Sales
  b. Unearned Subscriptions
  c. Sales Returns and Allowances
  d. Sales Discounts
  e. Insurance Expense


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ririgirl15

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

C

Answer to Question 2

A


Coya19@aol.com

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Reply #2 on: Jul 6, 2018
Correct answers!


ririgirl15

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Reply #3 on: Jul 6, 2018
Great! Please up vote :D


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