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Author Question: Net income is shown on the work sheet as a a. debit in the Balance Sheet column. b. credit in the ... (Read 178 times)

humphriesbr@me.com

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on: Jul 5, 2018
Net income is shown on the work sheet as a
 a. debit in the Balance Sheet column.
   b. credit in the Income Statement column.
   c. debit in the Income Statement column.
   d. debit in the Adjustments column.

Question 2

Budgetary comparison schedules (or statements) must be prepared for:
 
  a. major governmental and proprietary funds
  b. the General Fund and major Special Revenue Funds
  c. only major governmental funds
  d. all major fund and fiduciary funds


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fwbard

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

b


humphriesbr@me.com

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  • Posts: 550
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

ryansturges

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Reply 3 on: Yesterday
Excellent

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