What is the purpose and effect of reinstating year-end encumbrances on the books at the beginning of

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What is the purpose and effect of reinstating year-end encumbrances on the books at the beginning of the following year?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 11:42 AM

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What is the purpose and effect of reinstating year-end encumbrances on the books at the beginning of

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Assuming all appropriations lapse at yearend a governmental entity in order to satisfy its outstandi...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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