Author Question: An investment of cash by the owner is recorded in the general journal unless a cash receipts journal ... (Read 70 times)

NguyenJ · **on:** Jul 6, 2018

An investment of cash by the owner is recorded in the general journal unless a cash receipts journal is used.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A government's General Fund departments purchased electric services from the government's own Electric Utility Enterprise Fund. This transaction is an example of an interfund

a. transfer.
b. services provided and used transaction.
c. reimbursement transaction.
d. loan.