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Author Question: An investment of cash by the owner is recorded in the general journal unless a cash receipts journal ... (Read 66 times)

NguyenJ

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on: Jul 6, 2018
An investment of cash by the owner is recorded in the general journal unless a cash receipts journal is used.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A government's General Fund departments purchased electric services from the government's own Electric Utility Enterprise Fund. This transaction is an example of an interfund
 
  a. transfer.
  b. services provided and used transaction.
  c. reimbursement transaction.
  d. loan.


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Mollythedog

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Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

B


NguyenJ

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  • Posts: 516
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

alexanderhamilton

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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