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The Entry to Re-Establish Encumbrances Related to Purchase Orders from the Prior

Question 59

Multiple Choice

The entry to re-establish encumbrances related to purchase orders from the prior year would include:


A) A debit to Budgetary Fund Balance - Reserved for Encumbrances.
B) A debit to Encumbrances Control.
C) A credit to Accounts Payable
D) None of the above.

Correct Answer:

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