Author Question: Footings in T accounts a. appear after each entry. b. always appear on the right side. c. are ... (Read 101 times)

dbose · **on:** Jul 5, 2018

Footings in T accounts
a. appear after each entry.
b. always appear on the right side.
c. are unnecessary when there is only one entry.
d. appear only in accounts carried over from the previous accounting period.

Question 2

When an order of materials or supplies is received by a federal agency from the vendor, what budgetary account is credited?

a. Undelivered orders
b. Appropriations
c. Expended appropriations
d. Appropriations used