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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activitiesillustrative Transactions and Financial Statements
  5. Question
    Liabilities Incurred,such as for Accrued Payroll,but Still Unpaid at Year-End,should
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Liabilities Incurred,such as for Accrued Payroll,but Still Unpaid at Year-End,should

Question 73

Question 73

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 of the following accounts?


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

Correct Answer:

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