Author Question: The proper sequence of activities in a manual accounting system is: a. journalize, summarize, post ... (Read 146 times)

Tazate

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The proper sequence of activities in a manual accounting system is:
 a. journalize, summarize, post
  b. journalize, post, summarize
  c. post, journalize, summarize
  d. post, summarize, journalize

Question 2

Which of the following would not be reported as a component of net position of an Enterprise Fund?
 
  A. Unrestricted net position.
  B. Restricted net position.
  C. Net Investment in capital assets.
  D. Permanently restricted net position.



Benayers

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Answer to Question 1

B

Answer to Question 2

D



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