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

Author Question: A city's General Fund provides a two-year loan to the Internal Service Fund. To record this ... (Read 143 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jul 5, 2018
A city's General Fund provides a two-year loan to the Internal Service Fund. To record this transaction the city should record a debit to what account in the General Fund?
 
  a. Due from the Internal Service Fund
  b. Advance to the Internal Service Fund
  c. Advance from the Internal Service Fund
  d. Transfer to the Internal Service Fund

Question 2

The increase side of an account is also the side of the normal balance.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarah_brady415

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

True


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

The internal structures of the eye. The internal structures of the eye.
Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones
External and internal male sex organs External and internal male sex organs
The giant grass hoppers are invading the city! The giant grass hoppers are invading the city!
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
essay on friendship written by a 10-year-old essay on friendship written by a 10-year-old
Video: Pasteur's Experiment

For a complete list of videos, visit our video library