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Author Question: Which of the following is an official fund category used by state and local governments? A. ... (Read 43 times)

Coya19@aol.com

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Which of the following is an official fund category used by state and local governments?
 
  A. Current funds.
  B. Expendable funds.
  C. Governmental funds.
  D. General capital asset funds.

Question 2

Which of the following accounts is debited in the closing entries?
 a. Sales
  b. Unearned Subscriptions
  c. Sales Returns and Allowances
  d. Sales Discounts
  e. Insurance Expense



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ririgirl15

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Answer to Question 1

C

Answer to Question 2

A




ririgirl15

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