This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A controlling account can be found in the a. general ledger. b. source documents. c. accounts ... (Read 74 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jul 6, 2018
A controlling account can be found in the
 a. general ledger.
   b. source documents.
   c. accounts receivable ledger.
   d. income statement.
   e. accounts payable ledger.

Question 2

Which of the following statements regarding the accounting for investments in governmental funds is false?
 
  a. Interest receivable should be accrued as it is earned.
  b. Interest revenue should be recognized on a cash basis.
  c. Interest revenue is accrued as it meets the availability criteria.
  d. Decreases in the fair market value of investments may result in a decrease of investment income.
  e. Items b and d are both false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 6, 2018
Answer to Question 1

a

Answer to Question 2

B


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jul 6, 2018
Wow, this really help

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Magnetosomes found in the spirillum Magnetospirillum magnetotacticum. Magnetosomes found in the spirillum Magnetospirillum magnetotacticum.
A jawbone found in the mainland Jenolan Caves A jawbone found in the mainland Jenolan Caves
Juvenile American alligator swimming, showing the distinctive yellow striping found on juveniles Juvenile American alligator swimming, showing the distinctive yellow striping found on juveniles
General structure of an amino acid General structure of an amino acid
Inhaled General Anesthetics Inhaled General Anesthetics
The General Process of Sensation The General Process of Sensation
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library