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    Advanced Accounting Study Set 3
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    Exam 20: Accounting for State and Local Governmental Units - Governmental Funds
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    When Recording an Approved Budget into the Accounts of the General
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When Recording an Approved Budget into the Accounts of the General

Question 37

Question 37

Multiple Choice

When recording an approved budget into the accounts of the general fund,which of the following accounts would be credited?


A) Appropriations
B) Encumbrances
C) Estimated revenues
D) Revenue collected in advance

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