Author Question: The following are representative of the basic year-end financial statements required by an agency ... (Read 55 times)

segrsyd

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The following are representative of the basic year-end financial statements required by an agency except
 
  A. Statement of Net Cost.
  B. Statement of Social Insurance.
  C. Statement of Investing.
  D. Statement of Custodial Activity.

Question 2

When accounts do not appear on the unadjusted trial balance but are needed to post adjustments, they are simply added to the account title column.
 a. True
  b. False
 
   Indicate whether the statement is true or false



wshriver

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Answer to Question 1

C

Answer to Question 2

True



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