2. What is the purpose of a special revenue fund? a. To account for revenues...

70.2K

Verified Solution

Question

Accounting

image
2. What is the purpose of a special revenue fund? a. To account for revenues legally or externally restricted as an operating expenditure b. To account for ongoing activities c. To account for gifts when only subsequently earned income can be expended d. To account for the cost of long-lived assets bought with designated funds What is the nurse of entemrise funds? 2

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students