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

Author Question: The drawing account is a temporary account. a. True b. False Indicate whether the statement is ... (Read 652 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jul 5, 2018
The drawing account is a temporary account.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which of the following is a characteristic of an Agency Fund's financial reporting?
 
  a. Its statement of fiduciary net position shows assets, liabilities, and fund balance
  b. Its statement of fiduciary net position shows no net position
  c. Its statement of fiduciary net position shows no liabilities
  d. Its statement of fiduciary net position shows no assets


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

beccamahon

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

b


mp14

  • Member
  • Posts: 534
Reply 2 on: Jul 5, 2018
Excellent

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

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

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

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.

Cervical plexus drawing Cervical plexus drawing
Sol LeWitt, Wall Drawing No. 681 C Sol LeWitt, Wall Drawing No. 681 C
Sol LeWitt, Wall Drawing #146A Sol LeWitt, Wall Drawing #146A
Temporary and permanent pacemakers. Temporary and permanent pacemakers.
Reconstruction Drawing of the Ara Pacis Augustae Reconstruction Drawing of the Ara Pacis Augustae
A drawing of chromosome I A drawing of chromosome I
Video: Hip Animation

For a complete list of videos, visit our video library