Indicate whether each of the following is a Proprietary (P), or Budget (B) account for federal agencies
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Question:
Indicate whether each of the following is a Proprietary (P), or Budget (B) account for federal agencies and .
- Accounts payable
- Accumulated depreciation
- Commitments
- Cumulative results of operations
- Disbursements in transit
- Fund balance with treasury
- Office materials and supplies
- Undelivered orders
- Unexpended appropriations
- Other appropriations realized
****explain why each would be classified as Proprietary or Budget accounts****
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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