« previous next »

Author Question: Immediately after a reversing entry to reverse the entry for accrued salaries has been posted, ... (Read 153 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Jul 6, 2018
Immediately after a reversing entry to reverse the entry for accrued salaries has been posted, Salary Expense will have a credit balance.
  Indicate whether the statement is true or false

Question 2

For governmental funds, the minimum financial statements required to be presented in the fund financial statements include a
 
  a. Balance sheet.
  b. Statement of revenues, expenditures, and changes in fund balances (GAAP basis)
  c. Budgetary comparison statement for all fund with annual budgets
  d. Both items a and b


duy1981999

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 6, 2018
Answer to Question 1

T

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

The difference between AZT-sensitive versus AZT-resistant reverse transcriptases The difference between AZT-sensitive versus AZT-resistant reverse transcriptases
Transdermal patch administration: (b) patch immediately applied to clean, dry, hairless skin and lab Transdermal patch administration: (b) patch immediately applied to clean, dry, hairless skin and lab
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
A reverse-biased silicon diode is connected in series with a 12 V source and a resistor.The ... A reverse-biased silicon diode is connected in series with a 12 V source and a resistor.The ...
General strategies of forward and reverse genetics General strategies of forward and reverse genetics
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library