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

Author Question: The term used to describe an expense that has not been paid and has not yet been recognized in the ... (Read 25 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jul 5, 2018
The term used to describe an expense that has not been paid and has not yet been recognized in the accounts by a routine entry is
 a. prepaid
  b. deferred
  c. accrued
  d. matched

Question 2

In reviewing their governmental funds, a local municipality determines that three of the funds (including the General Fund are considered major funds and the remaining six governmental funds are nonmajor.
 
  However, management prefers to report all of its governmental funds as major funds. What is the maximum number of fund columns that could be presented on the governmental fund balance sheet?
  A. 3.
  B. 4.
  C. 6.
  D. 9.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

D


mynx

  • Member
  • Posts: 555
Reply 2 on: Jul 5, 2018
Excellent

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Cellular changes associated with short-term and long-term memory in the sea slug. Cellular changes associated with short-term and long-term memory in the sea slug.
Term neonate. Term neonate.
Monkeys and apes such as this chimpanzee can be recognized in the fossil record by the anatomy of th Monkeys and apes such as this chimpanzee can be recognized in the fossil record by the anatomy of th
Associative Long-Term Potentiation Associative Long-Term Potentiation
To help his students understand the term generalized other, Mead used baseball as an illustration. ... To help his students understand the term generalized other, Mead used baseball as an illustration. ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Structures that affect circulation - venous return

For a complete list of videos, visit our video library