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

Author Question: General Fund resources are provided to a Capital Projects Fund to finance a portion of a major ... (Read 42 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jul 6, 2018
General Fund resources are provided to a Capital Projects Fund to finance a portion of a major capital project. The Capital Projects Fund is required to repay the resources that it received from the General Fund.
 
  This transaction is an example of an interfund
  A. Transfer.
  B. Services provided and used transaction.
  C. Reimbursement transaction.
  D. Loan.

Question 2

Merchandise costing 2,500 FOB shipping point, terms 1/10, n/30, with prepaid transportation costs of 130, is purchased on account. If the bill is paid within ten days, the amount of the purchase discount is 26.30.
 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

annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

False


Zoey63294

  • Member
  • Posts: 539
Reply 2 on: Jul 6, 2018
Excellent

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Major rivers throughout the world. Major rivers throughout the world.
The location of the major limbic system structures. In general, they are arrayed near the midline in ... The location of the major limbic system structures. In general, they are arrayed near the midline in ...
Major Risk Factors for Hypertension Major Risk Factors for Hypertension
A Corner of the General Massage Section of an Army Hospital. A Practice of Physiotherapy by Sampson, ... A Corner of the General Massage Section of an Army Hospital. A Practice of Physiotherapy by Sampson, ...
General Mathematics General Mathematics
Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v Major bone (tan) and cartilage (light blue) elements of the human skeleton. Inset shows regions of v
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library