« previous next »

Author Question: Fees payable would appear on the balance sheet as a(n) a. asset b. liability c. fixed asset d. ... (Read 1163 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?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Wilkins ice sheet on the Antarctic penninsula. Wilkins ice sheet on the Antarctic penninsula.
mitosis cheat sheet mitosis cheat sheet
An example of a medical history sheet to list patient problems. An example of a medical history sheet to list patient problems.
Renal regulation of sodium and potassium balance. Renal regulation of sodium and potassium balance.
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Ocean sediment cores preserve a record of ice sheet growth and decay Ocean sediment cores preserve a record of ice sheet growth and decay
Video: Conduction of action potentials

For a complete list of videos, visit our video library