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

Author Question: If the perpetual inventory system is used, an account called Cost of Goods Sold id included in the ... (Read 47 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jul 6, 2018
If the perpetual inventory system is used, an account called Cost of Goods Sold id included in the general ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following is not considered a fiduciary fund?
 
  a. Agency Fund
  b. Investment Trust Fund
  c. Permanent Fund
  d. Private-purpose Trust Fund
  e. Pension Trust Fund


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

C


Caiter2013

  • Hero Member
  • *****
  • Posts: 607
Reply #2 on: Jul 6, 2018
Thank you


Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #3 on: Jul 6, 2018
No problemo


« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

The nervous system is described as having two interconnected divisions: the central nervous system ( The nervous system is described as having two interconnected divisions: the central nervous system (
Digestive System Digestive System
Major glands of the human endocrine system Major glands of the human endocrine system
Disorders and Diseases of the Digestive System Cont Disorders and Diseases of the Digestive System Cont
Pathology of the Digestive System Pathology of the Digestive System
Fight-or-Flight System Fight-or-Flight System
Video: Supine Position

For a complete list of videos, visit our video library