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Author Question: A decrease in Rent Expense results in a decrease in gross profit. Indicate whether the statement ... (Read 37 times)

naturalchemist

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on: Jul 6, 2018
A decrease in Rent Expense results in a decrease in gross profit.
  Indicate whether the statement is true or false

Question 2

The following information pertains to the Richardson County General Fund:
   Expenditures 12,800
   Revenues 9,200
   Long-term bond issue proceeds 1,000
   Short-term note principal retirements 250
   Operating transfers to other funds 75
  The change in
 
  fund balance for Richardson County's General Fund for the year is a
  A. 2,600 decrease.
  B. 2,675 decrease.
  C. 2,925 decrease.
  D. 3,600 decrease.


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vickyvicksss

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

F

Answer to Question 2

B


naturalchemist

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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