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Author Question: A purchase of supplies for cash is recorded in the a. revenue journal b. purchases journal c. ... (Read 249 times)

littleanan

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on: Jul 5, 2018
A purchase of supplies for cash is recorded in the
 a. revenue journal
  b. purchases journal
  c. cash receipts journal
  d. cash payments journal

Question 2

A city health department charges fees for copies of birth certificates provided to its citizens. How should those fees be reported in the government-wide statement of activities?
 
  a. as a separate item of revenue in the revenue section
  b. as a direct reduction of the expenses of the health department
  c. as an element of program revenues, which reduce gross expenses of the health department
  d. as a special item


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aburgess

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

d

Answer to Question 2

c


littleanan

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

marict

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Reply 3 on: Yesterday
Wow, this really help

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