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

Author Question: The General Fund transfers cash to provide working capital for a new Internal Service Fund. The ... (Read 133 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jul 5, 2018
The General Fund transfers cash to provide working capital for a new Internal Service Fund. The Internal Service Fund would report this transaction in the operating statement as
 
  A. Revenues.
  B. Other financing sources.
  C. Nonoperating revenues.
  D. Transfer in.

Question 2

Net income is shown on the work sheet in the Income Statement debit column and the Balance Sheet credit column.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

True


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jul 5, 2018
:D TYSM

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

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?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Location, appearance, and internal structure of the mammalian pancreas. Location, appearance, and internal structure of the mammalian pancreas.
A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern A client is having an endoscopy performed by a physician who views the upper gastrointestinal intern
The legacy of Confucian thought continued for centuries in the form of civil service examinations ... The legacy of Confucian thought continued for centuries in the form of civil service examinations ...
A general scheme for adding one amino acid in solid-phase peptide synthesis A general scheme for adding one amino acid in solid-phase peptide synthesis
The Internal Anatomy of a Long Bone The Internal Anatomy of a Long Bone
Evolution of internal membranes Evolution of internal membranes
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library