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Author Question: Whichofthefollowingis a liability? e. Accountspayable f. Accountsreceivable g. Wagesexpense h. ... (Read 44 times)

mikaylakyoung

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on: Jul 6, 2018
Whichofthefollowing is a liability? e. Accountspayable f. Accountsreceivable g. Wagesexpense h. Servicerevenue

Question 2

A city had the following accounts and amounts on its statement of activities:
   Public safety expenses of 2,755,500
   Public safety charges for services of 20,500
   Public safety operating grants and contributions of 105,000
   Public
 
  safety capital grants and contributions of 75,000
   General government charges for services of 455,500
   Property tax general revenues of 2,905,000
   Unrestricted grants of 300,000
  Net (expense) revenue for the public safety function would be
  A. (2,555,000).
  B. 200,500.
  C. 956,000.
  D. 2,555,000.


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at

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Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

A


mikaylakyoung

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Reply #2 on: Jul 6, 2018
Correct answers!


at

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Reply #3 on: Jul 6, 2018
Great! Please up vote :D


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