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

Author Question: The municipalities for whom the county collects property taxes paid 5,000 in administrative fees to ... (Read 62 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
on: Jul 5, 2018
The municipalities for whom the county collects property taxes paid 5,000 in administrative fees to county to cover collection costs. The county will report
 
  A. Revenues of 5,000 in the General Fund.
  B. Revenues of 5,000 in the Agency Fund.
  C. Other financing sources of 5,000 in the General Fund.
  D. Other financing sources of 5,000 in the Agency Fund.

Question 2

The entry to adjust for the cost of supplies used during the accounting period is
 a. debit Supplies Expense; credit Supplies
  b. debit Owner Capital; credit Supplies
  c. debit Accounts Payable; credit Supplies
  d. debit Supplies; credit Owner Capital


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Leostella20

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

a


c0205847

  • Member
  • Posts: 531
Reply 2 on: Jul 5, 2018
Gracias!

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph Some of the fastest growing religions in America are non-Judeo-Christian religions. This photograph
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Qualifications of Certified Medical Administrative Specialist Qualifications of Certified Medical Administrative Specialist
Decremental property of graded potentials. Decremental property of graded potentials.
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library