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 99 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
:D TYSM

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Major Cervical Muscles Major Cervical Muscles
Teres Major Teres Major
First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl
Major Categories of Diseases Major Categories of Diseases
Major Enzymes of Digestion and What They DO Major Enzymes of Digestion and What They DO
Major features of human genome Major features of human genome
Video: Arthritis

For a complete list of videos, visit our video library