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Author Question: Rules that businesses must follow when preparing financial statements are called ... (Read 116 times)

folubunmi

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on: Jul 5, 2018
Rules that businesses must follow when preparing financial statements are called ___________________ _.
 Fill in the blank(s) with correct word

Question 2

Which of the following items would not require an adjustment to convert governmental fund information to governmental activities in the statement of net position?
 
  A. Due to Debt Service Fund
  B. Due to an Enterprise Fund
  C. Due from a Special Revenue Fund
  D. Due to Capital Projects Fund.


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ilianabrrr

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Reply #1 on: Jul 5, 2018
Answer to Question 1

generally accepted accounting principles
GAAP

Answer to Question 2

B


folubunmi

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
:D TYSM

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