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

Author Question: April 14 Equipment 15,000 Cash 5,000 Note Payable 10,000 ????????????. Which is the best explanation ... (Read 231 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 5, 2018
April 14 Equipment 15,000 Cash 5,000 Note Payable 10,000 ????????????. Which is the best explanation for this journal entry?
 a. Purchased equipment; paid cash of 5,000, with the remainder to be paid in the future.
  b. Purchased equipment; paid cash of 10,000, with the remainder to be received in the future.
  c. Purchased equipment with cash.
  d. Purchased equipment on account.

Question 2

The independent auditor's report is normally included within
 
  a. the introductory section of a CAFR.
  b. management's discussion and analysis.
  c. the financial section of a CAFR.
  d. the statistical section of a CAFR.
  e. any of the above sections at management's discretion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

C


roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jul 5, 2018
Thank you :)


janeli

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Female leopard in the Sabi Sands area of South Africa. Note the white spot on its tail, used for com Female leopard in the Sabi Sands area of South Africa. Note the white spot on its tail, used for com
Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed. Using adaptive equipment: (A) male putting on shoe; (B) female eating one handed.
An Example of a Midlatitude Cyclone: April 16 An Example of a Midlatitude Cyclone: April 16
Example of simplified note for a nonmedical setting. Example of simplified note for a nonmedical setting.
A $50 000 bond bearing interest at 6.5% bond payable semi-annually matures in 10 years. If it ... A $50 000 bond bearing interest at 6.5% bond payable semi-annually matures in 10 years. If it ...
A theoretical explanation of the biochemical basis of the four eye color phenotypes A theoretical explanation of the biochemical basis of the four eye color phenotypes
Video: ADH and the arterioles, kidneys, sweat glands and the Atrial natriuretic peptide (ANP)

For a complete list of videos, visit our video library