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

Author Question: Which of the following describes the classification and normal balance of the fees earned account? ... (Read 84 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
on: Jul 5, 2018
Which of the following describes the classification and normal balance of the fees earned account?
 a. asset, credit
  b. liability, credit
  c. owner's equity, debit
  d. revenue, credit

Question 2

The following information pertains to the Richardson County General Fund:
   Appropriations 10,000,000
   Estimated Revenues 12,000,000
   Expenditures 12,800,000
   Revenues 9,200,000
   Long-term note issue proceeds 1,000,000
   Short-term note
 
  principal retirements 250,000
   Operating transfers to other funds 75,000
 
  The change in Richardson County's General Fund fund balance for the year is a
  A. 2,600,000 decrease.
  B. 2,675,000 decrease.
  C. 2,925,000 decrease.
  D. 3,600,000 decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

B


jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Normal Breath Sounds Normal Breath Sounds
Normal combustion is a smooth, controlled burning of the air–fuel mixture. Normal combustion is a smooth, controlled burning of the air–fuel mixture.
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Patient Physical Status Classification Patient Physical Status Classification
A Normal Fault A Normal Fault
The obese (ob) mouse mutant, shown on the left (a normal mouse is on the right), has provided many c The obese (ob) mouse mutant, shown on the left (a normal mouse is on the right), has provided many c
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library