Question
Which of the following accounts neither increases nor decreases the fund balance reported on the government fund balance sheet for the fiscal year? a. Expenditures.
Which of the following accounts neither increases nor decreases the fund balance reported on the government fund balance sheet for the fiscal year?
a. Expenditures.
b. Encumbrances.
c. Revenues.
d. Other financing sources.
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
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