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Liabilities Incurred, Such as for Accrued Payroll, but Still Unpaid

Question 21

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 one of the following accounts?


A) Encumbrances Control.
B) Expenditures Control.
C) Current Expense.
D) Appropriations Control

Correct Answer:

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