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 86 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?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Ecosystem and Balance Ecosystem and Balance
Like all animals, primates must balance their calories expended searching for food with calories, pr Like all animals, primates must balance their calories expended searching for food with calories, pr
"To begin the pull-back exercise, grasp wrists, then lean back and balance." "To begin the pull-back exercise, grasp wrists, then lean back and balance."
Sodium’s chief role is regulation of fluid balance Sodium’s chief role is regulation of fluid balance
Normal (A) and Abnormal (B) Balance between Dopamine and Acetylcholine Normal (A) and Abnormal (B) Balance between Dopamine and Acetylcholine
Fluid Balance Fluid Balance
Video: Coronary Heart Disease

For a complete list of videos, visit our video library