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Author Question: Which of the accounting steps in the accounting process below would be completed last? a. preparing ... (Read 140 times)

cookcarl

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Which of the accounting steps in the accounting process below would be completed last?
 a. preparing the adjusted trial balance
  b. posting
  c. preparing the financial statements
  d. journalizing

Question 2

A government has 3,000,000 of 6, 10-year general obligation bonds outstanding. The bonds were issued on November 1, 20X8 to finance construction of a general capital asset. Interest is payable semiannually on October 31 and April 30 .
 
  What amount of debt service expenditures should the government report for the year ended December 31, 20X8?
  A. 0.
  B. 30,000.
  C. 90,000.
  D. 180,000.



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adf223

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Answer to Question 1

c

Answer to Question 2

A




cookcarl

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Reply 2 on: Jul 5, 2018
:D TYSM


LVPMS

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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