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Sunny_sXe [5.5K]
3 years ago
5

Which of the following accounts neither increases nor decreases the fund balance of the General Fund during the fiscal year?

Business
1 answer:
erastovalidia [21]3 years ago
8 0

Deffered Revenues, will not increase or decrease the fund balance of general fund during the fiscal year, as it is revenue which has not been earned yet, and cannot be shown as incomes in the Income statement, thus it is a liability which will be due if the service is not complete.

Other financing sources may increase or reduce the fund depending upon what kind of finance has been provided.

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What was the result in the Lucy v. Zehmer case (referenced in the textbook) involving whether allegations of joking regarding th
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The Supreme Court ruled in favour of the Complainants, enforcing the contract.

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1. The size of the economy as a whole grows as a result of free trade: It provides for more efficient production of goods and services. This is because it encourages goods and services to be created in areas with the finest natural resources, infrastructure, or skills and experience. It boosts productivity, which can lead to greater long-term wages. There is universal consensus that growing global trade has boosted economic growth in recent decades.

2. Consumers benefit from free trade: By removing barriers and promoting competition, it lowers prices. Quality and choice are likely to improve as a result of increased competition.

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