Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: In Proprietary Fund accounting, which of the following statements are true?
Post by: goji.go on Oct 20, 2014
In Proprietary Fund accounting, which of the following statements are true?
      a.   materials and supplies are recognized as expenditures when purchased
      b.   materials and supplies are recognized as expenses when consumed
      c.   capital assets are considered as expenditures when they are acquired
      d.   capital assets are not recorded in proprietary funds


Title: Re: In Proprietary Fund accounting, which of the following statements are true?
Post by: f_zah1 on Oct 23, 2014
Content hidden


Title: Re: In Proprietary Fund accounting, which of the following statements are true?
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: In Proprietary Fund accounting, which of the following statements are true?
Post by: f_zah1 on Oct 23, 2014
You're very welcome!