Author Question: The following adjusting journal entry does not include an explanation. Select the best explanation ... (Read 33 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?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library