Author Question: The following adjusting journal entry does not include an explanation. Select the best explanation ... (Read 87 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
The following adjusting journal entry does not include an explanation. Select the best explanation for the entry. Supplies Expense 730 Supplies 730 ????????????????
 a. Adjust supplies inventory to actual.
  b. Record purchase of supplies.
  c. Reduce supplies expense.
  d. Record sale of supplies.

Question 2

Which of the following do most governmental entities not integrate into their general ledger accounts?
 
  A. Governmental fund accounts.
  B. Fiduciary fund accounts.
  C. Government-wide information.
  D. Proprietary fund accounts.



wuly

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

a

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library