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Author Question: The cash account will always be debited. a. True b. False Indicate whether the statement is ... (Read 131 times)

newbem

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on: Jul 5, 2018
The cash account will always be debited.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Assume that the General Fund paid 195,000 related to compensated absences during the year.
 
  If the beginning balance of compensated absences for the governmental activities was 65,000 and the ending balance was 55,000, then the expenses related to compensated absences in the governmental activities column would be
  a. 195,000
  b. 185,000
  c. 65,000
  d. 55,000
  e. 0


aham8f

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

False

Answer to Question 2

B


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newbem

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Reply #2 on: Jul 5, 2018
Thank you


aham8f

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Reply #3 on: Jul 5, 2018
No problemo


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