Author Question: The following adjusting journal entry does not include an explanation. Select the best explanation ... (Read 106 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?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

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.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library