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Question 50 Not yet answered Marked out of 1 Flag question Identify the effect of the following transaction on the Appropriation, Encumbrance, Expenditure and Fund
Question 50 Not yet answered Marked out of 1 Flag question Identify the effect of the following transaction on the Appropriation, Encumbrance, Expenditure and Fund Balances Ledger: 'Incurred salary and other operating expenditure OMR 38,000. o a. Classified under Encumbrance and decreased from fund balance b. Classified under Expenditure and decreased from fund balance c. None of these O d. Classified under Appropriation and decreased from fund balance Question 43 Not yet answered Marked out of 1 P Flag question Identify journal entry required to be prepared in encumbrance accounting for the following transaction for generating accounts payable on delivery of ordered supplies "Ordered supplies have been delivered worth OMR 50,000 along with the voucher." O a. Dr. Expenditure 50,000 and Cr. Accounts Payable 50,000 b. Dr. Bank 50,000 and Cr. Accounts payable 50,000 O c. Dr. Account Payable 50,000 and Cr. Encumbrance 50,000 d. None of these
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