This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Footnote information that duplicates information in financial statements included in a. the CAFR ... (Read 63 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jul 5, 2018
Footnote information that duplicates information in financial statements included in
 
  a. the CAFR may be eliminated.
  b. the CAFR may be eliminated if the government does not issue its basic financial statements separately.
  c. the CAFR may be eliminated if the government does issue its basic financial statements.
  d. the CAFR is common and must be presented despite the duplication.

Question 2

The adjusting entry for gym memberships earned that was previously recorded in the unearned gym memberships account is
 a. debit Unearned Gym Memberships; credit Gym Memberships Revenue
  b. debit Gym Memberships Revenue; credit Unearned Gym Memberships
  c. debit Unearned Gym Memberships; credit Prepaid Gym Memberships
  d. debit Gym Memberships Expense; credit Unearned Gym Memberships


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

a


james9437

  • Member
  • Posts: 568
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen
The CHRIS manual entry for toluene. Useful information includes response information, chemical and ... The CHRIS manual entry for toluene. Useful information includes response information, chemical and ...
A summary of the major processes in information restructuring of DNA A summary of the major processes in information restructuring of DNA
Milk Label Containing Information about the Use of rBGH Milk Label Containing Information about the Use of rBGH
Financial Management: Core Concepts Financial Management: Core Concepts
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: Virtual Tour of the Heart

For a complete list of videos, visit our video library