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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent
  5. Question
    When a Payment Is Due to a Contractor from Capital
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When a Payment Is Due to a Contractor from Capital

Question 99

Question 99

Multiple Choice

When a payment is due to a contractor from capital projects fund resources,the debit would be to:


A) A capital asset account.
B) Capital expenditures.
C) Encumbrances Control.
D) None of the above, no entry is made until payment.

Correct Answer:

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