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Author Question: Merchandise Inventory is a nominal account. Indicate whether the statement is true or ... (Read 26 times)

Alygatorr01285

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on: Jul 6, 2018
Merchandise Inventory is a nominal account.
  Indicate whether the statement is true or false

Question 2

Which of the following is true?
 
  a. Major fund reporting is required for Enterprise Funds
  b. Major fund reporting is required for Internal Service Funds
  c. Major fund reporting is required for Agency Funds
  d. Major fund reporting is require for Private-purpose Trust Funds


ally

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Reply #1 on: Jul 6, 2018
Answer to Question 1

F

Answer to Question 2

A


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