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Author Question: This account is debited in a periodic inventory system, when goods are bought for resale. a. ... (Read 75 times)

Sportsfan2111

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on: Jul 6, 2018
This account is debited in a periodic inventory system, when goods are bought for resale.
 a. Merchandise Inventory
   b. Purchases
   c. Purchase Discounts
   d. Sales

Question 2

Capital assets are not reported
 
  a. in governmental activities.
  b. in business-type activities.
  c. in Internal Service Funds.
  d. the Enterprise Funds.
  e. in the General Fund.
  f. in either items c or e.


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raenoj

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

b

Answer to Question 2

E


Sportsfan2111

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

ryansturges

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

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