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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 24: Governmental Accounting: Basic Principles and the General Fund
  5. Question
    When the Budget Is Recorded in the General Ledger, the Encumbrances
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When the Budget Is Recorded in the General Ledger, the Encumbrances

Question 64

Question 64

True/False

When the budget is recorded in the general ledger, the Encumbrances account is debited.

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