In order to boost revenue, the US post office is selling a new product called “Forever Stamp”.  Which fund should be used to recognize these transactions?     General fund       Special funds       Trust funds       Revolving funds   select one

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In order to boost revenue, the US post office is selling a new product called “Forever Stamp”.  Which fund should be used to recognize these transactions?

   

General fund

 

   

Special funds

 

   

Trust funds

 

   

Revolving funds

 

select one

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