Expenditures in an expendable (governmental) fund would potentially include
a. salaries and wages.
b. capital outlay.
c. long-term debt principal retirement.
d. long-term debt interest.
e. All of the above.
f. Items a, b, and d only.
Question 2
Some of the goods that were previously sold to a customer on account were returned to the seller, and the seller used a form to show the amount and terms of the return. The source document for the journal entry for this return is called a
a. purchase invoice.
b. debit memorandum.
c. credit memorandum.
d. sales invoice.
e. return invoice.
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