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

Author Question: Collection of a sale on account is recorded in the sales journal. a. True b. False Indicate ... (Read 46 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jul 6, 2018
Collection of a sale on account is recorded in the sales journal.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

40,000 of General Fund expenditures had been paid for from and recorded in a Special Revenue Fund. Upon discovery of this situation, 40,000 was paid from the General Fund to the Special Revenue Fund.
 
  This transaction is recorded in the Special Revenue Fund by debiting Cash and crediting
  A. Expenditures.
  B. Other financing sources in.
  C. Transfer in.
  D. Revenues.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kescobar@64

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 6, 2018
Answer to Question 1

False

Answer to Question 2

A


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Amazing NASA Pictures Collection Amazing NASA Pictures Collection
Amazing NASA Pictures Collection Amazing NASA Pictures Collection
Amazing NASA Pictures Collection Amazing NASA Pictures Collection
Video: Decubitus Ulcer

For a complete list of videos, visit our video library