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

Author Question: At the end of the month, the total of the amount column of the revenue journal is posted as a a. ... (Read 137 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
At the end of the month, the total of the amount column of the revenue journal is posted as a
 a. debit to Accounts Receivable and a credit to Cash
  b. debit to Accounts Receivable and a credit to Fees Earned
  c. debit to Cash and a credit to Fees Earned
  d. debit to Cash and a credit to Accounts Payable

Question 2

Which measurement focus should be used in government-wide financial statements?
 
  a. the same measurement focus as that used in accounting for each fund type
  b. the current financial resources measurement focus
  c. the economic resources measurement focus
  d. the economic resources measurement focus for governmental fund types and the current financial resource measurement focus for proprietary and fiduciary fund types



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

InfiniteSteez

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

b

Answer to Question 2

c




Marty

  • Member
  • Posts: 553
Reply 2 on: Jul 5, 2018
:D TYSM


Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

For a complete list of videos, visit our video library