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

Author Question: Two common areas of accounting that respectively provide information to internal and external users ... (Read 107 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
on: Jul 6, 2018
Two common areas of accounting that respectively provide information to internal and external users are
 a. forensic accounting and financial accounting
  b. managerial accounting and financial accounting
  c. managerial accounting and environmental accounting
  d. financial accounting and tax accounting systems

Question 2

Assume that an Internal Service Fund purchases land to build a new warehousing facility and partially finances the transaction with a loan from a local lending institution. The Internal Service Fund will
 
  a. increase Invested in Capital Assets, Net of Related Debt, assuming the purchase price exceeded the related borrowing.
  b. report capital outlay expenditures.
  c. depreciate the cost of the land over its useful life.
  d. None of the above.
  e. Both items a and c.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

A


clippers!

  • Member
  • Posts: 828
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Common Shelduck (Tadorna tadorna) is a waterfowl species shelduck genus Tadorna - Breeding male Common Shelduck (Tadorna tadorna) is a waterfowl species shelduck genus Tadorna - Breeding male
The internal structures of the eye. The internal structures of the eye.
Examples of internal controls. Examples of internal controls.
Common Prefixes Common Prefixes
Core Areas in Preindustrial China Core Areas in Preindustrial China
Flowchart illustrating how genetic information encoded in DNA produces protein Flowchart illustrating how genetic information encoded in DNA produces protein
Video: HDL (high density lipoprotein)

For a complete list of videos, visit our video library