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Author Question: A government receives a bequest of 300,000 to establish a Private-purpose Trust Fund. The bequest ... (Read 77 times)

jilianpiloj

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on: Jul 6, 2018
A government receives a bequest of 300,000 to establish a Private-purpose Trust Fund. The bequest should be reported as
 
  a. revenues.
  b. other financing sources.
  c. additions.
  d. special items .

Question 2

Tyler Corporation bought office supplies for 125 cash. In what journal would this transaction be recorded?
 a. Purchase Journal
   b. Sales Journal
   c. Cash Receipt Journal
   d. Cash Payment Journal


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zoeyesther

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

C

Answer to Question 2

d


jilianpiloj

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  • Posts: 521
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

Laurenleakan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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