Author Question: Which of the following is notan asset? a. investments b. cash c. inventory d. owner's ... (Read 80 times)

sammy

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Which of the following is notan asset?
 a. investments
  b. cash
  c. inventory
  d. owner's equity

Question 2

Depreciation was calculated for the police department's vehicle fleet. The expense will be reported
 
  A. As depreciation expenditure in the General Fund.
  B. As depreciation expense in the General Fund.
  C. As depreciation expense in the public safety function of governmental activities.
  D. As unallocated depreciation expense for governmental activities.



mcinincha279

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Answer to Question 1

d

Answer to Question 2

C



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sammy

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mcinincha279

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