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

Author Question: According to the ____________________, nonbusiness assets and liabilities are not included in the ... (Read 112 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
According to the ___________________ _, nonbusiness assets and liabilities are not included in the business entity's accounting records.
 Fill in the blank(s) with correct word

Question 2

Which of the following items is NOT included in reconciling the governmental funds operating statement information to the changes in net position in the government-wide statement?
 
  A. Depreciation.
  B. Amortization of bond premiums.
  C. Expenditures for retirement of general long-term debt principal.
  D. Increase in salaries payable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

business entity concept

Answer to Question 2

D




genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library