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Author Question: The account number 430 would indicate what type of account a. Asset b. Liability c. Revenue d. ... (Read 157 times)

Chelseaamend

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on: Jul 6, 2018
The account number 430 would indicate what type of account
 a. Asset
  b. Liability
  c. Revenue
  d. Expense

Question 2

Fund balance may be assigned when
 
  A. Management determines that a portion of unassigned fund balance should be set aside for the construction of a new fire station.
  B. The city council passes an ordinance to set aside a portion of unassigned fund balance for construction of a new fire station.
  C. Management believes that a portion of restricted fund balance should be set aside for the construction of a new fire station.
  D. Management determines it needs a predetermined amount of materials and supplies inventory at the end of each year.


princessflame2016

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

C

Answer to Question 2

A


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