This topic contains a solution. Click here to go to the answer

Author Question: If a state has three discretely presented component units, two of which are governmental in nature ... (Read 79 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
If a state has three discretely presented component units, two of which are governmental in nature and one of which is business-type in nature, what is the minimum number of discretely presented component unit columns that can be r
 
  government-wide statements?
  A. 0.
  B. 1.
  C. 2.
  D. 3.

Question 2

What effect will the following adjusting journal entry have on the accounting records? Depreciation Expense 2,150 Accumulated Depreciation 2,150
 a. Increase net income
  b. Increase revenues
  c. Decrease expenses
  d. Decrease net book value



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

B

Answer to Question 2

d




shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library