« previous next »

Author Question: The unrestricted net position balance for a local government a. cannot be negative b. normally ... (Read 72 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: Jul 5, 2018
The unrestricted net position balance for a local government
 
  a. cannot be negative
  b. normally is the largest component of the total net position balance
  c. can be negative
  d. equals the sum of the unrestricted fund balances of the major governmental funds

Question 2

The following cash receipts journal headings have been suggested for Tower Tree-Trimming Service Company.Which of the following statements is false? Date AccountDebited Post.Ref. AccountsReceivable Cr. CashCr. Other AccountsDr.
 a. The second column should be Account Credited.
  b. The Cash column should be a debit.
  c. The Other Accounts column should be a credit.
  d. The Accounts Receivable column should be a debit.


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
Trendelenburg position. Trendelenburg position.
Histone and pol II CTD modifications as a function of gene position Histone and pol II CTD modifications as a function of gene position
Acid–Base Balance Acid–Base Balance
Six Position -3 and +4 Mutants Six Position -3 and +4 Mutants
Renal regulation of sodium and potassium balance Renal regulation of sodium and potassium balance
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library