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Author Question: ____________________ represent the decrease in assets (or increase in liabilities) as a result of ... (Read 29 times)

kamilo84

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on: Jul 5, 2018
___________________ _ represent the decrease in assets (or increase in liabilities) as a result of efforts made to produce revenues.
 Fill in the blank(s) with correct word

Question 2

Caraway County has a Self-Insurance Internal Service Fund. If the fund purchases 100,000 of investments during the month, the
 
  A. Fund's total assets will increase by 100,000.
  B. Fund's total assets will decrease by 100,000.
  C. Fund's total assets will remain the same.
  D. Fund's expenditures will increase by 100,000.


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ms_sulzle

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

Expenses

Answer to Question 2

C


kamilo84

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

sarah_brady415

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Reply 3 on: Yesterday
Excellent

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