Liabilities incurred,such as for accrued payroll,but still unpaid at year-end,should be recorded in the General Fund by a debit to which one of the following accounts?

Name: Liabilities incurred,such as for accrued payroll,but still unpaid at year-end,should be recorded in the General Fund by a debit to which one of the following accounts?
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Question

Quizplus · Accepted Answer

Expenditures are recorded when liabilities are incurred, such as accrued payroll, even if they are unpaid at year-end, in the General Fund.

Liabilities Incurred,such as for Accrued Payroll,but Still Unpaid at Year-End,should