In closing budgetary and expenditure accounts at year-end, a government should a. Debit appropriations and credit expenditures
Question:
In closing budgetary and expenditure accounts at year-end, a government should
a. Debit appropriations and credit expenditures
b . Credit appropriations and debit expenditures
c. Debit expenditures and credit fund balance
d. Credit appropriations and debit fund balance
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Related Book For 
Government And Not For Profit Accounting Concepts And Practices
ISBN: 9781119803898
9th Edition
Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese
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