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Author Question: Adjusting entries can be used for all of the following except: a. Capital b. Supplies c. ... (Read 55 times)

Brittanyd9008

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on: Jul 6, 2018
Adjusting entries can be used for all of the following except:
 a. Capital
   b. Supplies
   c. Unearned Revenues
   d. Merchandise Inventory

Question 2

Which of the following is true?
 
  a. A government is required to record each major general government capital project in a separate Capital Projects Fund.
  b. Acquisition or construction of general government capital assets must always be accounted for through a Capital Projects Fund.
  c. A Capital Projects Fund is not required unless a project is financed by issuing bonds.
  d. None of the above is true.


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Jevvish

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

a

Answer to Question 2

D


Brittanyd9008

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

yeungji

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Reply 3 on: Yesterday
Excellent

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