« previous next »

Author Question: Fees payable would appear on the balance sheet as a(n) a. asset b. liability c. fixed asset d. ... (Read 1124 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
on: Jul 5, 2018
Fees payable would appear on the balance sheet as a(n)
 a. asset
  b. liability
  c. fixed asset
  d. unearned revenue

Question 2

A government establishes an Investment Trust Fund. During the year, it receives 500,000 from other separate legal entities to invest. The Investment Trust Fund should report this activity in the statement of changes in net position as
 
  A. Revenues.
  B. Other financing sources.
  C. Additions.
  D. Should not be reported.


laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Do you know how kangaroos balance their body Do you know how kangaroos balance their body
Maintaining Physiological Balance Maintaining Physiological Balance
Place sheet or towel over area to be heated. Use sufficient heat barrier for the heat source used. ... Place sheet or towel over area to be heated. Use sufficient heat barrier for the heat source used. ...
Removing the sheet from underneath the client. Removing the sheet from underneath the client.
Protein Needs Are Determined by Nitrogen Balance in Your Body Protein Needs Are Determined by Nitrogen Balance in Your Body
Acid–Base Balance Acid–Base Balance
Video: Properties of macromolecules (Explained with No Audio)

For a complete list of videos, visit our video library