Author Question: To establish a change fund, Cash should be credited and Change Fund should be debited. a. True b. ... (Read 46 times)

jake

  • Hero Member
  • *****
  • Posts: 538
To establish a change fund, Cash should be credited and Change Fund should be debited.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Revenue earned on the income statement will always equal Cash collected from customers on the statement of cash flows.
 
  Indicate whether the statement is true or false



mmpiza

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

True

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library