Multiple Choice
When budgetary control accounts are first set up, ________.
A) budgeted revenues are debited and budgeted expenditures are credited.
B) budgeted revenues are credited and budgeted expenditures are debited.
C) actual revenues are credited and actual expenditures are debited.
D) actual revenues are debited and actual expenditures are credited.
Correct Answer:

Verified
Correct Answer:
Verified
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