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

Author Question: The City of Ruth owns and operates an electric utility. The utility purchases new electric ... (Read 69 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jul 6, 2018
The City of Ruth owns and operates an electric utility. The utility purchases new electric transmission lines for 6,000,000 so that it can provide electricity to new customers. This purchase will most likely
 
  A. Increase expenditures reported in the General Fund by 6,000,000.
  B. Increase capital assets reported in the Capital Projects Fund by 6,000,000.
  C. Increase capital assets reported in the Enterprise Fund by 6,000,000.
  D. Increase expenses reported in the Enterprise Fund by 6,000,000.

Question 2

Assets are
 a. always lower than liabilities
  b. equal to liabilities less owner's equity
  c. the same as expenses because they are acquired with cash
  d. financed by the owner and/or creditors


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

d


awywial

  • Member
  • Posts: 577
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Frederick Law Olmsted and Calvert Vaux, Central Park, New York City. Frederick Law Olmsted and Calvert Vaux, Central Park, New York City.
Rotary engine operates on the four-stroke cycle but uses a rotor instead of a piston and crankshaft ... Rotary engine operates on the four-stroke cycle but uses a rotor instead of a piston and crankshaft ...
A fluorescent trouble light operates cooler and is safer to use in the shop because it is protected ... A fluorescent trouble light operates cooler and is safer to use in the shop because it is protected ...
Members of the British Punitive Expedition to Benin City Members of the British Punitive Expedition to Benin City
Draw the electric field of: •An electron and proton •Two electrons Draw the electric field of: •An electron and proton •Two electrons
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library