« previous next »

Author Question: Which of the following governmental fund revenue sources is typically recorded as revenues only when ... (Read 21 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
on: Jul 6, 2018
Which of the following governmental fund revenue sources is typically recorded as revenues only when cash is received?
 
  a. Property taxes
  b. Sales taxes
  c. Building inspection fees
  d. Reimbursement grants
  e. All of the above revenue sources are only recognized as they are collected in cash.

Question 2

Amounts are posted individually from the purchases journal to the
 a. Credit column of the creditors' accounts in the accounts payable ledger.
   b. Credit column of the Inventory account in the general ledger.
   c. Credit column of the Accounts Receivable account in the general ledger.
   d. Debit column of the Cash account in the general ledger.
   e. Credit column of the Cash account in the general ledger.


Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 6, 2018
Answer to Question 1

Posted another one can you check that one too? Thanks.

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
Selected Minerals: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued) Selected Minerals: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued)
Natural plant sources of pharmaceutical Natural plant sources of pharmaceutical
Major Food Sources of Saturated and Trans Fats for Americans Major Food Sources of Saturated and Trans Fats for Americans
A Well of Sources for Bottled Water A Well of Sources for Bottled Water
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library