Expenses in a proprietary (nonexpendable) fund would not ...

[go.lag]

Expenses in a proprietary (nonexpendable) fund would not potentially include
 
  A. Salaries and wages.
  B. Long-term debt interest payments.
  C. Long-term debt principal retirement.
  D. Depreciation.

Question 2

On the work sheet, the adjusted balance of Unearned Revenue appears in the
 a. Income Statement Debit column.
   b. Income Statement Credit column.
   c. Balance Sheet Debit column.
   d. Balance Sheet Credit column.
   e. Trial Balance Debit column.

[uniquea123]

Answer to Question 1

C

Answer to Question 2

d