Author Question: In the Customer Center you will find: a. Pay Employees, Pay Liabilities and Process Payroll Forms ... (Read 60 times)

penza · **on:** Jul 6, 2018

In the Customer Center you will find:
a. Pay Employees, Pay Liabilities and Process Payroll Forms
b. Create Invoices and Receive Payments
c. Enter Bills and Pay Bills
d. Record Deposits, Write Checks and Reconcile

Question 2

A government has a liability for accrued compensated absences at the beginning of 20X5 of 500,000 . This liability did not mature in 20X4 .

At the end of 20X5, the government has a liability for accrued compensated absences (not due and payable) of 600,000 . In addition, the government had 10,000 of matured compensated absences to be paid in early 20X6 from existing fund assets. The government paid compensated absences of 400,000 during 20X5 . The General Fund expenditures for compensated absences for 20X5 should be reported at what amount?
a. 400,000
b. 410,000
c. 500,000
d. 510,000