An encumbrance is still outstanding at the end of the fiscal year. The government anticipates that it

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An encumbrance is still outstanding at the end of the fiscal year. The government anticipates that it will honor this encumbrance in the next year. How does the government report this encumbrance?

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Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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Question Posted: Oct 04, 2014 03:51 AM

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An encumbrance is still outstanding at the end of the fiscal year. The government anticipates that it

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Encumbrances commitments that remain outstanding a...View the full answer

Advanced Accounting

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