r*****e
发帖数: 4598 | 1 The question is from 2010 AICPA released questions-
In Soan County's general fund statement of revenues, expenditures, and
changes in fund balances, which of the following has an effect on the excess
of revenues over expenditures?
a. Purchase of fixed assets.
b. Payment to a debt-service fund.
c. Special items.
d. Proceeds from the sale of capital assets.
Explanation
Choice "a" is correct.
Can someone tell me what about D? Thanks |
r*********y
发帖数: 599 | |
c********n
发帖数: 83 | 3 has 2010 questions released? Could you give a link?
excess
【在 r*****e 的大作中提到】
: The question is from 2010 AICPA released questions-
: In Soan County's general fund statement of revenues, expenditures, and
: changes in fund balances, which of the following has an effect on the excess
: of revenues over expenditures?
: a. Purchase of fixed assets.
: b. Payment to a debt-service fund.
: c. Special items.
: d. Proceeds from the sale of capital assets.
: Explanation
: Choice "a" is correct.
|
s**********b
发帖数: 75 | |
r*****e
发帖数: 4598 | 5 That is what I would like to know. How do you count the sales proceed.
【在 r*********y 的大作中提到】
: 你的D算revenue么？
|
r*********y
发帖数: 599 | 6 other financing source?
【在 r*****e 的大作中提到】
: That is what I would like to know. How do you count the sales proceed.
|
r*****e
发帖数: 4598 | 7 I really don't know. Coz it does not record long term asset in the general
fund. I don't see the book talk anything about the proceed from selling long
term asset. |
