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Author Question: Accumulated depreciation is not reported on which of the following financial statements? A. ... (Read 101 times)

newbem

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on: Jul 5, 2018
Accumulated depreciation is not reported on which of the following financial statements?
 
  A. Government-wide statement of net position.
  B. General Fund balance sheet.
  C. Enterprise Fund statement of net position.
  D. Private-Purpose Trust Fund statement of fiduciary fund net position.

Question 2

An account is said to have a debit balance if
 a. the amount of the debits exceeds the amount of the credits
  b. there are more entries on the debit side than on the credit side
  c. there are more entries on the credit side than on the debit side
  d. the first entry of the accounting period was posted on the debit side


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Kdiggy

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Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

a


newbem

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Reply 2 on: Jul 5, 2018
Wow, this really help

lkanara2

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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