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When the Invoice for Materials and Supplies Ordered Is Received

Question 98

Multiple Choice

When the invoice for materials and supplies ordered is received and is more than the related purchase order, this entry should be made:


A) Debit Expenditures Control for the amount of the invoice
B) Debit Expenditures Control for the amount of the purchase order
C) Credit Accounts Payable for the amount of the purchase order
D) Credit Encumbrances Control for the amount of the invoice

Correct Answer:

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