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Author Question: How are long-term loan receivables reported in the fund balance section of governmental funds ... (Read 35 times)

rmenurse

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on: Jul 5, 2018
How are long-term loan receivables reported in the fund balance section of governmental funds balance sheets?
 
  a. nonspendable
  b. unassigned
  c. unrestricted
  d. restricted, committed, assigned, or unassigned

Question 2

The fourth pair of columns on a 10-column work sheet prepared at the end of the period would be the
 a. Income Statement columns.
   b. Adjustments columns.
   c. Balance Sheet columns.
   d. Adjusted Trial Balance columns.


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Sarahjh

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

a

Answer to Question 2

a


rmenurse

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

nanny

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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