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

Author Question: When a governmental entity is decreasing the fair market value of an investment, the appropriate ... (Read 29 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jul 6, 2018
When a governmental entity is decreasing the fair market value of an investment, the appropriate debit would be to
 
  a. Investments
  b. Investment income
  c. Cash
  d. Loss on investments

Question 2

The individual amounts in the Accounts Payable Credit column of the purchases journal are posted
 a. individually to the Accounts Payable account in the general ledger.
   b. individually to the accounts payable ledger.
   c. individually to the Purchases account in the general ledger.
   d. in total to the accounts payable ledger.
   e. in total to the accounts receivable ledger.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jul 6, 2018
Answer to Question 1

Great help.

Answer to Question 2

b


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jul 6, 2018
Gracias!

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

A hapless Taft is entangled in governmental yarn, while a disapproving Roosevelt looks on. “Goodness A hapless Taft is entangled in governmental yarn, while a disapproving Roosevelt looks on. “Goodness
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Depolarization of the SA node, Action potentials of the myocardium & ANS effects

For a complete list of videos, visit our video library