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 225 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?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

An example of sodium balance achieved by the coordinated actions of three hormones. An example of sodium balance achieved by the coordinated actions of three hormones.
Cylinder Power Balance Test Cylinder Power Balance Test
Protein Needs Are Determined by Nitrogen Balance in Your Body Protein Needs Are Determined by Nitrogen Balance in Your Body
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Acid–Base Balance Acid–Base Balance
Mendel’s test cross to verify independent assortment Mendel’s test cross to verify independent assortment
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library