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The Entry to Record the Warwick City Budget for the General

Question 36

Multiple Choice

The entry to record the Warwick City budget for the General Fund includes the following: The entry to record the Warwick City budget for the General Fund includes the following:   The entry to close the budget accounts at the end of the year would include a debit to A) Estimated Other Financing Sources. B) Appropriations. C) Budgetary Fund Balance--Unassigned. D) Encumbrances. The entry to close the budget accounts at the end of the year would include a debit to


A) Estimated Other Financing Sources.
B) Appropriations.
C) Budgetary Fund Balance--Unassigned.
D) Encumbrances.

Correct Answer:

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