Solved

When the Budget for the General Fund Is Recorded, the Required

Question 69

Multiple Choice

When the budget for the General Fund is recorded, the required journal entry will include:


A) A credit to Estimated Revenues.
B) A debit to Encumbrances.
C) A debit to Appropriations.
D) Either a debit or credit to Budgetary Fund Balance, as appropriate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions