The posting process will include the transfer of which of the following data from the journal to the account?
a. date, amount (debit or credit)
b. date, amount (debit or credit), journal page number
c. amount (debit or credit), account number
d. date, amount (debit or credit) account number
Question 2
All of the following financial statements should be presented for an Internal Service Fund except for a
A. Statement of net position.
B. Statement of revenues, expenses, and changes in fund net position.
C. Statement of cash flows.
D. Statement of revenues, expenses, and changes in fund net position: budget and actual.
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