When budgetary accounts are used, why is the amount for estimated revenues a debit instead of a

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When budgetary accounts are used, why is the amount for estimated revenues a debit instead of a credit?

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Advanced Financial Accounting

ISBN: 978-0132928939

7th edition

Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay

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Question Posted: May 24, 2018 10:23 AM

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When budgetary accounts are used, why is the amount for estimated revenues a debit instead of a

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Estimated revenues are a debit because they are ...View the full answer

Advanced Financial Accounting

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