This topic contains a solution. Click here to go to the answer

Author Question: Entries in the Accounts Payable Debit column of the cash payments journal are posted daily to the ... (Read 104 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
Entries in the Accounts Payable Debit column of the cash payments journal are posted daily to the accounts payable ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following is not a primary financial reporting objective of state and local government (SLG) reporting?
 
  A. Provide information necessary to assess the level of LG services and its ability to continue to finance its activities and meet its obligations.
  B. Provide information necessary for investment and credit decisions.
  C. Provide a means of demonstrating the SLG's accountability that enables users to assess that accountability.
  D. Provide information necessary to evaluate the SLG's operating results for the period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

True

Answer to Question 2

B




tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library