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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Which of the following statements regarding revenue subsidiary ledgers is false?
A.   The number of revenue subsidiary ledgers necessary is at the discretion of management.
B.   The number of revenue subsidiary ledgers used is limited by the number of broad revenue categories (e.g., taxes, licenses and permits, intergovernmental) that a governmental entity reports.
C.   Entries to revenue subsidiary ledgers may be made at any time during a fiscal period.
D.   Revenue subsidiary ledgers are never required.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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