AIS week1 - Problems Chapter 2 2.1 a University University...

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Problems Chapter 2 2.1 a. University- University chart of accounts would have some of the following accounts: Scholarship funds Student Loan funds Endowment funds Tuition (revenue) Fees (revenue) They would not need Inventory, Cost of Goods Sold, Bad Debt Expense, Cash or Credit b. Bank- Banking chart of accounts would have some of the following accounts: Loans Depository accounts Service Charges They would not need Inventory, Cost of Goods Sold, Bad Debt Expense, Cash or Credit c. Government Unit- Government Units chart of accounts would have some of the following accounts: Taxes receivable Fund equity General funds Funds for education, transportation, public resources like police, water and courts They would not need Inventory, Cost of Goods Sold, Bad Debt Expense, Cash or Credit d. Manufacturing Company- Manufacturing Companies would have some of the following
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AIS week1 - Problems Chapter 2 2.1 a University University...

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