This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements regarding revenue subsidiary ledgers is false? A. The number of ... (Read 33 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jul 5, 2018
Which of the following statements regarding revenue subsidiary ledgers is false?
 
  A. The number of revenue subsidiary ledgers necessary is at the discretion of management.
  B. The number of revenue subsidiary ledgers used is limited by the number of broad revenue categories (e.g., taxes, licenses and permits, intergovernmental) that a governmental entity reports.
  C. Entries to revenue subsidiary ledgers may be made at any time during a fiscal period.
  D. Revenue subsidiary ledgers are never required.

Question 2

Accounts payable are accounts that you expect will be paid to you.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

False


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

The frequency of competition according to the number of species involved. The frequency of competition according to the number of species involved.
“Career choice” for many women means leaving their paid jobs for a number of years when they ... “Career choice” for many women means leaving their paid jobs for a number of years when they ...
HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ... HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ...
Examples of Mission Statements Examples of Mission Statements
Correlations between scores on a psychology test and number of boiled kumquats eaten per month Correlations between scores on a psychology test and number of boiled kumquats eaten per month
Which of the following is the most reasonable estimate of the number of characters (typed ... Which of the following is the most reasonable estimate of the number of characters (typed ...
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library