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Author Question: Purchase of capital assets by government colleges and universities engaged only in business would be ... (Read 97 times)

LaDunn

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on: Jul 5, 2018
Purchase of capital assets by government colleges and universities engaged only in business would be reported as
 
  A. Expenditures.
  B. Transfers to capital assets.
  C. Reclassifications.
  D. Increases in capital assets.

Question 2

At least two accounts are affected by every transaction.
 a. True
   b. False
   Indicate whether the statement is true or false


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yahahah24021

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

D

Answer to Question 2

True


LaDunn

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

pangili4

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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