Author Question: Expenditures in an expendable (governmental) fund would potentially include a. salaries and ... (Read 33 times)

piesebel

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Expenditures in an expendable (governmental) fund would potentially include
 
  a. salaries and wages.
  b. capital outlay.
  c. long-term debt principal retirement.
  d. long-term debt interest.
  e. All of the above.
  f. Items a, b, and d only.

Question 2

Some of the goods that were previously sold to a customer on account were returned to the seller, and the seller used a form to show the amount and terms of the return. The source document for the journal entry for this return is called a
 a. purchase invoice.
   b. debit memorandum.
   c. credit memorandum.
   d. sales invoice.
   e. return invoice.



Pamela.irrgang@yahoo.com

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Answer to Question 1

E

Answer to Question 2

c



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