This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: At what point should interest be recognized as an expenditure in a Debt Service Fund? a. when it ... (Read 20 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jul 5, 2018
At what point should interest be recognized as an expenditure in a Debt Service Fund?
 
  a. when it accrues
  b. when it is paid
  c. when it is due and payable
  d. when the bonds resulting in payment of interest are issued

Question 2

Which one of the fixed asset accounts listed below will not have a related contra asset account?
 a. Office Equipment
  b. Land
  c. Delivery Equipment
  d. Building


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

b


ap345

  • Member
  • Posts: 537
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Josiah Wedgwood, Queen's Ware dinner service (detail). Josiah Wedgwood, Queen's Ware dinner service (detail).
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Point of Intersection of 2 Circles Point of Intersection of 2 Circles
Set-Point Theory Set-Point Theory
A three-point mapping cross in Drosophila melanogaster A three-point mapping cross in Drosophila melanogaster
Video: Supine Position

For a complete list of videos, visit our video library