« previous next »

Author Question: In discrete presentation, component unit a. funds are reported as the same type of funds of the ... (Read 84 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jul 5, 2018
In discrete presentation, component unit
 
  a. funds are reported as the same type of funds of the primary government.
  b. funds are treated as Special Revenue Funds of the primary government since the resources can only be used for the component unit's programs.
  c. data is present in the government-wide statements separate from the primary government data.
  d. basic financial statements must always be included in the primary government's comprehensive annual financial report.

Question 2

The account type and normal balance of Unearned Revenue is
 a. revenue, credit
  b. expense, debit
  c. liability, credit
  d. asset, debit


Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

The Type C killer whale The Type C killer whale
Injecting an IV push (bolus) medication; C, another type of needleless syringe and needleless IV acc Injecting an IV push (bolus) medication; C, another type of needleless syringe and needleless IV acc
The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old. The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old.
One type of safety needle withdraws into a protective sheath when the injection is complete. One type of safety needle withdraws into a protective sheath when the injection is complete.
A throttle-body injection (TBI) unit used on a GM V-6 engine. A throttle-body injection (TBI) unit used on a GM V-6 engine.
Action of a type II topoisomerase Action of a type II topoisomerase
Video: Smoking Cessation

For a complete list of videos, visit our video library