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

Author Question: Which of the following statements regarding revenue subsidiary ledgers is false? A. The number of ... (Read 74 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Jul 5, 2018
Which of the following statements regarding revenue subsidiary ledgers is false?
 
  A. The number of revenue subsidiary ledgers necessary is at the discretion of management.
  B. The number of revenue subsidiary ledgers used is limited by the number of broad revenue categories (e.g., taxes, licenses and permits, intergovernmental) that a governmental entity reports.
  C. Entries to revenue subsidiary ledgers may be made at any time during a fiscal period.
  D. Revenue subsidiary ledgers are never required.

Question 2

Accounts payable are accounts that you expect will be paid to you.
 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

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

False


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jul 5, 2018
Gracias!

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

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.

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?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

The frequency of competition according to the number of species involved. The frequency of competition according to the number of species involved.
Isotopes may be stable or radioactive depending on the arrangement and number of neutrons in the nuc Isotopes may be stable or radioactive depending on the arrangement and number of neutrons in the nuc
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Comparison number Grade 1 math Comparison number Grade 1 math
Video: Knee Animation

For a complete list of videos, visit our video library