Author Question: Sales Discounts would appear as a Debit column in which special journal a. purchases journal. b. ... (Read 79 times)

pepyto · **on:** Jul 6, 2018

Sales Discounts would appear as a Debit column in which special journal
a. purchases journal.
b. general journal.
c. sales journal.
d. cash payments journal.
e. cash receipts journal.

Question 2

The General Fund balance sheet reported a beginning materials and supplies inventory of 122,000; the ending balance was 150,000 . Supplies purchased during the year totaled 600,000 .

The county uses the consumption method, so General Fund expenditures for materials and supplies for the year were
a. 450,000
b. 572,000
c. 600,000
d. 628,000