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The budget of Laxey County shows estimated revenues in excess of appropriations, when preparing budgetary entries at the beginning of the fiscal year, the difference
The budget of Laxey County shows estimated revenues in excess of appropriations, when preparing budgetary entries at the beginning of the fiscal year, the difference will be recorded in which of the following accounts
a.
Encumbrances
b.
Budgetary fund balances
c.
Due from other funds
d.
Reserve for encumbrances
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
1118334329, 978-1118334324
