Author Question: Which of the accounts below would most likely appear on an adjusted trial balance but probably would ... (Read 65 times)

a0266361136 · **on:** Jul 5, 2018

Which of the accounts below would most likely appear on an adjusted trial balance but probably would not appear on the trial balance?
a. Fees Earned
b. Accounts Receivable
c. Unearned Fees
d. Depreciation Expense

Question 2

What is the purpose of a debt service fund?

a. to accumulate resources for paying interest on all debt issued by the government
b. to account for all outstanding long-term and short-term debt issued by the government
c. to account for outstanding general long-term debt
d. to accumulate resources for paying principal and interest on general long-term debt