This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: General Fund resources are provided to a Capital Projects Fund to finance a portion of a major ... (Read 48 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jul 6, 2018
General Fund resources are provided to a Capital Projects Fund to finance a portion of a major capital project. The Capital Projects Fund is required to repay the resources that it received from the General Fund.
 
  This transaction is an example of an interfund
  A. Transfer.
  B. Services provided and used transaction.
  C. Reimbursement transaction.
  D. Loan.

Question 2

Merchandise costing 2,500 FOB shipping point, terms 1/10, n/30, with prepaid transportation costs of 130, is purchased on account. If the bill is paid within ten days, the amount of the purchase discount is 26.30.
 a. True
   b. False
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

False


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The major veins of the body. The major veins of the body.
In a craniotomy, a portion of the skull and overlying scalp is pulled back to allow access to the br In a craniotomy, a portion of the skull and overlying scalp is pulled back to allow access to the br
Major Impacts on Mercury and on Our Moon Major Impacts on Mercury and on Our Moon
Toussaint L’Ouverture leads a revolt of slaves against the French in Haiti—the first and only major Toussaint L’Ouverture leads a revolt of slaves against the French in Haiti—the first and only major
Major Diagnostic Categories of Mental Disorders Cont Major Diagnostic Categories of Mental Disorders Cont
Overview of lymphatic system structures and the general direction of lymph flow from the extremities ... Overview of lymphatic system structures and the general direction of lymph flow from the extremities ...
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library