« previous next »

Author Question: Which of the following uses the flow of economic resources measurement focus? a. General Fund b. ... (Read 74 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jul 6, 2018
Which of the following uses the flow of economic resources measurement focus?
 
  a. General Fund
  b. Debt Service Fund
  c. Special Revenue Fund
  d. Internal Service Fund

Question 2

What is the journal entry to record the receipt of payment on February 10th for the following: February 2nd, merchandise sold on account in the amount of 475 . Credit terms 2/10, n/30.
 a. Cash 475 DR
   Accounts Receivable 475 CR
   b. Accounts Receivable 475 DR
   Cash 475 CR
   c. Cash 465.50 DR
  Sales Discount 9.50 DR
   Accounts Receivable 475 CR
   d. Accounts Receivable 475 DR
   Cash 465.50 CR
   Sales Discount 9.5 CR


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

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?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

The path of blood flow through the chambers of the left and right side of the heart, including the v The path of blood flow through the chambers of the left and right side of the heart, including the v
Concentric double-pipe heat exchanger for counter-current flow Concentric double-pipe heat exchanger for counter-current flow
The upper waters of the oceans flow horizontally in currents The upper waters of the oceans flow horizontally in currents
economic question economic question
economic question economic question
economic question economic question
Video: Interview with an Anorexic Woman (Part 1 of 2)

For a complete list of videos, visit our video library