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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 3: Governmental Operating Statement Accounts; Budgetary Accounting
  5. Question
    The Journal Entry to Record Budgeted Revenues Will Include
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The Journal Entry to Record Budgeted Revenues Will Include

Question 8

Question 8

Multiple Choice

The journal entry to record budgeted revenues will include:


A) A debit to Estimated Revenues.
B) A credit to Estimated Revenues.
C) A debit to Revenues Receivable.
D) Only a memorandum entry is necessary.

Correct Answer:

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