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Liabilities Incurred,such as for Accrued Payroll,but Still Unpaid at Year-End,should

Question 66

Multiple Choice

Liabilities incurred,such as for accrued payroll,but still unpaid at year-end,should be recorded in the General Fund by a debit to which one of the following accounts?


A) Current Expense.
B) Appropriations.
C) Encumbrances.
D) Expenditures.

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