The general ledger includes three types of accounts.They are; permanent, operating and:
A) Temporary
B) Budget
C) Fixed
D) Nominal
Correct Answer:
Verified
Q34: Revenue from fines and licenses are recorded
Q35: Which of the following accounts would be
Q36: Record the following journal entries:
?
Encumbrance of $1,000,000
Q37: Fixed assets of proprietary funds are referred
Q38: Debt financing incurred to acquire capital assets
Q40: What type of entries would close the
Q41: Assuming normal balances in the following
Q42: Describe the three types of general ledger
Q43: Describe the authorities for commercial, governmental, and
Q44: Identify the three fund types used in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents