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Which of the following accounts of a governmental unit is debited when a purchase order is approved? a. Appropriations b. VouchersPayable c. FundBalanceAssignedorCommitted d. Encumbrances
Which of the following accounts of a governmental unit is debited when a purchase order is approved? a. Appropriations b. VouchersPayable c. FundBalanceAssignedorCommitted d. Encumbrances 10. Laster City recorded a 20-year building rental agreement as a capital lease. An asset for the building lease was recorded in the general fixed assets account group. Where should the lease liability be reported? a. Inthegenerallong-termdebtaccountgroup b. Inthedebtservicefund c. Inthegeneralfund d. Aleaseliabilityshouldnotbereporte
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