Author Question: Which of the following types of entries are not part of the conversion process for the governmental ... (Read 67 times)

jace · **on:** Jul 5, 2018

Which of the following types of entries are not part of the conversion process for the governmental activities column?

a. Amortization of deferred issuance costs.
b. Recording of depreciation expense.
c. Inclusion of Internal Service Fund assets.
d. Retirement of bond principal.
e. All of the above may be worksheet conversion entries for the governmental activities column.
f. None of the above are worksheet conversion entries for the governmental activities column.

Question 2

To determine the balance in an account, always subtract credits from debits.
a. True
b. False

Indicate whether the statement is true or false