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Author Question: Which of the following accounts would appear in a Capital Projects Fund? A. Contracts ... (Read 49 times)

Pea0909berry

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on: Jul 5, 2018
Which of the following accounts would appear in a Capital Projects Fund?
 
  A. Contracts payableretained percentage.
  B. Bonds payable issued to finance a project.
  C. Construction in progress.
  D. Buildings.

Question 2

Which of the following is nota useful step in finding errors on the trial balance?
 a. Determine the difference between debits and credits and look for the amount.
  b. Determine the difference between debits and credits and change any account to make the trial balancecorrect.
  c. Determine the difference between debits and credits, divide the amount by 2, and look for the amount.
  d. Determine the difference between debits and credits, divide the amount by 9, and if it divides evenly, look fora transposition or slide error.


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medine

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

A

Answer to Question 2

b


Pea0909berry

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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