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 123 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?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Equipment Inventory Record Equipment Inventory Record
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Typical Examination Room Equipment and Supplies Cont. Typical Examination Room Equipment and Supplies Cont.
An Example of a Midlatitude Cyclone: April 15 An Example of a Midlatitude Cyclone: April 15
Summary of SOAP Note Content Cont. Summary of SOAP Note Content Cont.
Crucible Lab Equipment Crucible Lab Equipment
Video: System organization - PPM system types (Somatic, Autonomic & Enteric) and Reflex arc types

For a complete list of videos, visit our video library