This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hannah Township has a General Fund, two Capital Projects Funds, one Permanent Fund, two Enterprise ... (Read 84 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jul 6, 2018
Hannah Township has a General Fund, two Capital Projects Funds, one Permanent Fund, two Enterprise Funds, two Internal Service Funds, three Pension Trust Funds, and one Private-Purpose Trust Fund.
 
  Assuming all governmental and enterprise funds meet the major fund criteria, how many columns will the proprietary fund statement of net assets have?
  a. two
  b. three
  c. four
  d. five
  e. eight

Question 2

A baseball team records ticket revenue received in advance as Unearned Revenue. On the team's work sheet, the required adjusting entry is
 a. debit Cash; credit Unearned Revenue.
   b. debit Revenue; credit Unearned Revenue.
   c. debit Unearned Revenue; credit Cash.
   d. debitUnearned Revenue; credit Revenue.
   e. debit Cash; credit Unearned Revenue Income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

d


lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jul 6, 2018
Thank you


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Capital-Biased Technological Change Capital-Biased Technological Change
Deciduous and permanent teeth Deciduous and permanent teeth
General Mathematics General Mathematics
Billy Gillies - DNA (Loving You) [feat. Hannah Boleyn] [Official Audio] Billy Gillies - DNA (Loving You) [feat. Hannah Boleyn] [Official Audio]
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library