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 98 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
Great answer, keep it coming :)

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

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.

TrUe....FaLsE TrUe....FaLsE
Amazing NASA Pictures Collection Amazing NASA Pictures Collection
Blood Collection Tubes: Order of Draw Blood Collection Tubes: Order of Draw
Video: Kidney Stones

For a complete list of videos, visit our video library