« previous next »

Author Question: Which of the following uses the flow of economic resources measurement focus? a. General Fund b. ... (Read 76 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?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Amino acids in general acid-base catalysis Amino acids in general acid-base catalysis
The sounds auscultated during blood pressure measurement The sounds auscultated during blood pressure measurement
Processing—Mineral Resources Processing—Mineral Resources
Economic Development Economic Development
Blood Flow Through Capillaries Blood Flow Through Capillaries
The general description of allele and genotype frequencies under Hardy–Weinberg assumptions The general description of allele and genotype frequencies under Hardy–Weinberg assumptions
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library