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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    Wages That Have Been Earned by the Employees of a Governmental
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Wages That Have Been Earned by the Employees of a Governmental

Question 43

Question 43

Multiple Choice

Wages that have been earned by the employees of a governmental unit, but not paid at year-end, should be recorded in the General Fund by a debit to which of the following accounts?


A) Appropriations.
B) Encumbrances.
C) Expenses.
D) Expenditures.

Correct Answer:

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