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Author Question: If an agency incurs expenses that were not previously obligated, the agency should make a ... (Read 62 times)

asmith134

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If an agency incurs expenses that were not previously obligated, the agency should make a proprietary entry that DEBITS
 
  a. Fund Balance.
  b. Allotments.
  c. Advances to Others.
  d. Appropriations Used.
  e. Unexpended Appropriations.

Question 2

A debit
 a. is on the left side.
   b. decreases assets.
   c. increases liabilities.
   d. increases owner's equity.



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tandmlomax84

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Answer to Question 1

E

Answer to Question 2

a




asmith134

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


yeungji

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Reply 3 on: Yesterday
Excellent

 

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