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 82 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
:D TYSM

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

The breast, cutaway view showing both internal and external features. The breast, cutaway view showing both internal and external features.
A, External respiration; B, internal respiration. A, External respiration; B, internal respiration.
Earthworm Internal Diagram Earthworm Internal Diagram
Internal and external attributions Internal and external attributions
Internal structure of the nose—lateral view Internal structure of the nose—lateral view
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library