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

Author Question: Interest revenue earned by an Internal Service Fund will be reported on the statement of revenues, ... (Read 42 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jul 5, 2018
Interest revenue earned by an Internal Service Fund will be reported on the statement of revenues, expenses, and changes in net position as
 
  A. Operating revenue.
  B. Non-operating revenue.
  C. An other financing source.
  D. A capital contribution.

Question 2

Which of the following items would be subtracted from changes in fund balance in reconciling the governmental funds operating statement information to the changes in net position in the government-wide statement?
 
  A. Depreciation.
  B. Capital outlay expenditures.
  C. Internal Service Fund increase in net position.
  D. Repayment of bond principal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

A


silviawilliams41

  • Member
  • Posts: 560
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

The brain. (a) Superior (top) view. (b) Sagittal view of a sectioned brain to reveal internal featur The brain. (a) Superior (top) view. (b) Sagittal view of a sectioned brain to reveal internal featur
The kidney. Illustration of a sectioned kidney, which reveals its internal features. The kidney. Illustration of a sectioned kidney, which reveals its internal features.
Internal anatomy of a female cricket Internal anatomy of a female cricket
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
internal internal
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library