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Author Question: In what section of the Enterprise Fund statement of revenues, expenses, and changes in fund net ... (Read 47 times)

Wadzanai

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  • Posts: 528
on: Jul 5, 2018
In what section of the Enterprise Fund statement of revenues, expenses, and changes in fund net position is interest expense generally reported?
 
  a. with operating expenses
  b. with nonoperating expenses
  c. either with extraordinary or special items, depending on the circumstances
  d. with capital contributions and transfers

Question 2

Accrued revenues are ordinarily listed on the balance sheet as current liabilities.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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pratush dev

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

False


Wadzanai

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Reply 2 on: Jul 5, 2018
:D TYSM

irishcancer18

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Reply 3 on: Yesterday
Excellent

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