A general government department of a county government donated a capital asset with an original cost of 40,000 and accumulated depreciation of 15,000 to one of the county's proprietary funds. The proprietary fund would record the transaction as a
A. Debit to capital assets of 40,000 and a credit to revenue.
B. Debit to capital assets of 40,000 and a credit to capital contribution.
C. Debit to capital assets of 25,000 and a credit to revenue.
D. Debit to capital assets of 25,000 and a credit to capital contribution.
Question 2
Which of the following is nota correct rule of debits and credits?
a. Assets, expenses, and withdrawals are increased by debits.
b. Assets are decreased by credits and have a normal debit balance.
c. Liabilities, revenues, and owner's equity are increased by credits.
d. The normal balance for revenues and expenses is a credit.
General differences in food webs and carbon flow among terrestrial and aquatic ecosystems (adapted f
Acute exacerbations of asthma can require management in the emergency department. The child is place
The original Neandertal remains from the Neander Valley, Germany.
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
The primary windings are inside the secondary windings on this General Motors coil.
General Mathematics