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Author Question: Which of the following set of funds use the economic resources measurement focus? a. Enterprise ... (Read 55 times)

Diane

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on: Jul 5, 2018
Which of the following set of funds use the economic resources measurement focus?
 
  a. Enterprise Fund, Special Revenue Fund, and General Fund
  b. Internal Service Fund, Pension Trust Fund, and Enterprise Fund
  c. Debt Service Fund, Internal Service Fund, and Pension Trust Fund
  d. Enterprise Fund, Internal Service Fund, and Capital Projects Fund

Question 2

Gracie, Inc made a prepaid rent payment of 2,800 on January 1 . The company's monthly rent is 700 . The amount of prepaid rent that would appear on the January 31 balance sheet after adjustment is
 a. 2,100
  b. 700
  c. 2,800
  d. 1,400


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yasmina

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

a


Diane

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

blakcmamba

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Reply 3 on: Yesterday
Excellent

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