The normal balance of revenue accounts is a credit. a. True b. False Indicate whether the ...

Author Question: The normal balance of revenue accounts is a credit. a. True b. False Indicate whether the ... (Read 29 times)

stevenposner

Hero Member
Posts: 608

on: Jul 5, 2018

The normal balance of revenue accounts is a credit.
a. True
b. False

Indicate whether the statement is true or false

Question 2

Incurring construction costs on a major general government capital project should require entries in a

A. Capital Projects Fund.
B. Debt Service Fund.
C. General Long-Term Liabilities account.
D. Permanent Fund.

amandanbreshears

Sr. Member
Posts: 320

Reply #1 on: Jul 5, 2018

Answer to Question 1

True

Answer to Question 2

A

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