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Author Question: Sales appear under which worksheet column and has the following normal balance: a. Income ... (Read 78 times)

Evvie72

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on: Jul 6, 2018
Sales appear under which worksheet column and has the following normal balance:
 a. Income Statement, DR
   b. Income Statement, CR
   c. Balance Sheet, CR
   d. Balance Sheet, DR

Question 2

Which of the following should not be accrued as expenditures in a governmental fund at year end?
 
  A. Salaries earned by employees but not paid.
  B. Repair work performed by contractors, but not completed.
  C. Interest incurred on short-term debt, but not yet due.
  D. Interest incurred on long-term debt, but not yet due.


jjorrostieta

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

b

Answer to Question 2

D


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Evvie72

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Reply #2 on: Jul 6, 2018
Thank you


jjorrostieta

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Reply #3 on: Jul 6, 2018
No problemo


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