Author Question: The operation of a municipality's recreation facilities and sites such as ball fields, gymnasiums, ... (Read 77 times)

P68T · **on:** Jul 5, 2018

The operation of a municipality's recreation facilities and sites such as ball fields, gymnasiums, and tracks are most likely to be accounted for in a/an

A. General Fund.
B. Enterprise Fund.
C. Capital Projects Fund.
D. Internal Service Fund.

Question 2

Which of the following is true about T accounts?
a. The left side of a T account is called the debit side.
b. The left side of a T account is called the credit side.
c. The right side of a T account is called the debit side.
d. Transactions are first recorded in T accounts and then posted to the journal.