The receipt of equipment that had previously been ordered should be recorded in the General Fund as a debit to
A) Appropriations.
B) Equipment.
C) Encumbrances.
D) Expenditures.

Name: The receipt of equipment that had previously been ordered should be recorded in the General Fund as a debit to A) Appropriations. B) Equipment. C) Encumbrances. D) Expenditures.
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Question

Quizplus · Accepted Answer

When equipment is received, it is recorded as an expenditure in the General Fund, reflecting the outflow of resources.

The Receipt of Equipment That Had Previously Been Ordered Should