Author Question: Hiring employees, purchasing inventory and collecting cash from customers are all components of ... (Read 29 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
Hiring employees, purchasing inventory and collecting cash from customers are all components of _________ ______________.
 Fill in the blank(s) with correct word

Question 2

Land was donated to a government for use in a general government activity. The land should be reported in
 
  A. The General Fund at its fair value when donated.
  B. The General Capital Assets accounts at the cost incurred by the donor to acquire the land originally.
  C. The General Capital Assets accounts at the fair value of the land on the date it was donated to the government.
  D. The Capital Projects Fund since it is not a depreciable asset.



briezy

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

business operations

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library