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Author Question: Purchase Discounts appear under which column of the worksheet, with the following normal balance? ... (Read 131 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
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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