This topic contains a solution. Click here to go to the answer

Author Question: The county collects property taxes for both itself and on behalf of the three municipalities within ... (Read 57 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
The county collects property taxes for both itself and on behalf of the three municipalities within its borders. If the county collected 7,000 during the month of municipal taxes, the county would
 
  a. report revenues of 7,000
  b. report revenues and expenses of 7,000
  c. report an increase in equity it the agency fund of 7,000
  d. None of the above.
  e. Both items a and c.

Question 2

Accounts in the ledger are usually maintained in alphabetical order.
 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

bdobbins

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

False




Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library