This topic contains a solution. Click here to go to the answer

Author Question: If a government uses the modified approach in accounting for its infrastructure assets, which of the ... (Read 72 times)

amal

  • Hero Member
  • *****
  • Posts: 572
If a government uses the modified approach in accounting for its infrastructure assets, which of the following items properly will not appear in its government-wide statement of activities?
 
  a. depreciation expense for any capital assets
  b. interest expense for bonds issued to finance any capital assets
  c. depreciation expense for infrastructure capital assets
  d. interest expense for bonds issued to finance infrastructure capital assets

Question 2

When posting an adjusting entry to the general ledger, write
 a. adjusting in the Posting Reference column.
   b. adjusting in the Item column.
   c. ledger in the general ledger.
   d. balance in the work sheet.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexisweber49

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

c

Answer to Question 2

b




amal

  • Member
  • Posts: 572
Reply 2 on: Jul 5, 2018
Wow, this really help


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Excellent

 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

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

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library