Author Question: To establish a change fund, Cash should be credited and Change Fund should be debited. a. True b. ... (Read 45 times)

jake

  • Hero Member
  • *****
  • Posts: 538
To establish a change fund, Cash should be credited and Change Fund should be debited.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Revenue earned on the income statement will always equal Cash collected from customers on the statement of cash flows.
 
  Indicate whether the statement is true or false



mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

True

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library