Net income is shown on the work sheet as a a. debit in the ...

[humphriesbr@me.com]

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

[fwbard]

Answer to Question 1

c

Answer to Question 2

b

[humphriesbr@me.com]

Thanks for the timely response, appreciate it

[upturnedfurball]

Gracias!