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Author Question: Purchase Discounts appear under which column of the worksheet, with the following normal balance? ... (Read 181 times)

Sufayan.ah

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on: Jul 6, 2018
Purchase Discounts appear under which column of the worksheet, with the following normal balance?
 a. Income Statement, CR
   b. Income Statement, DR
   c. Balance Sheet, CR
   d. Balance Sheet, DR

Question 2

Property taxes are an example of which category of nonexchange transactions?
 
  A. Derived tax revenue.
  B. Imposed tax revenue.
  C. Government mandated nonexchange revenue.
  D. Voluntary nonexchange revenue.


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shayla

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

a

Answer to Question 2

B


Sufayan.ah

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  • Posts: 512
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

Dominic

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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