Purchase of capital assets by government colleges and ...

[LaDunn]

Purchase of capital assets by government colleges and universities engaged only in business would be reported as
 
  A. Expenditures.
  B. Transfers to capital assets.
  C. Reclassifications.
  D. Increases in capital assets.

Question 2

At least two accounts are affected by every transaction.
 a. True
   b. False
   Indicate whether the statement is true or false

[yahahah24021]

Answer to Question 1

D

Answer to Question 2

True

[LaDunn]

Thanks for the timely response, appreciate it

[Dnite]

Gracias!