Thursday, March 3, 2016

Which of the following accounts would a government be most likely to debit as part of its year-end closing process? a. Appropriations, encumbrances, and estimated revenues

Which of the following accounts would a government be most likely to debit as part of its year-end closing process?
a. Appropriations, encumbrances, and estimated revenues
b. Estimated revenues, appropriations, and reserve for
b. Estimated revenues, appropriations, and reserve for encumbrances
c. Revenues, appropriations, and encumbrances
d. Revenues, appropriations, and fund balance

No comments:

Post a Comment