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The Entry to Close Appropriations, Expenditures, and Encumbrances Accounts Includes

Question 10

Multiple Choice

The entry to close appropriations, expenditures, and encumbrances accounts includes a debit to:


A) Appropriations.
B) Expenditures.
C) Encumbrances.
D) both Appropriations and Encumbrances.

Correct Answer:

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