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

Author Question: What is the purpose of the adjusted trial balance? a. to verify that all of the adjusting entries ... (Read 137 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jul 5, 2018
What is the purpose of the adjusted trial balance?
 a. to verify that all of the adjusting entries have been posted
  b. to verify that the net income (loss) is correctly reported
  c. to verify that no adjusting journal entry has been omitted.
  d. to verify that the debits and credits balance

Question 2

For a component unit to be blended in the financial statements, it must
 
  a. have substantively the same governing board of the primary government.
  b. provide services only to the primary government.
  c. benefit the government exclusively, even though it does not provide services directly to the primary government.
  d. Any of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anton

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

D


jparksx

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jul 5, 2018
Thank you


Anton

  • Sr. Member
  • ****
  • Posts: 302
Reply #3 on: Jul 5, 2018
No problemo


« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Salt and water balance in water-breathers. Salt and water balance in water-breathers.
Performance of a delayed nonmatching-to-sample trial. Performance of a delayed nonmatching-to-sample trial.
Apply light tapotement on the head. Tapping lightly with the fingertips works well for this purpose. Apply light tapotement on the head. Tapping lightly with the fingertips works well for this purpose.
The Concept of Water Balance The Concept of Water Balance
Remaining health-adjusted life expectancy (years) at age 25 Remaining health-adjusted life expectancy (years) at age 25
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library