Business, 07.04.2020 01:39, hellenjones30p0kvtl
During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 were received at an actual cost of $2,200.
The entry to record this transaction will require a debit to:
A. Expenditures—2017 in the amount of $2,200.
B. Expenditures—2016 in the amount of $200.
C. Expenditures—2017 in the amount of $200.
D. Expenditures—2016 in the amount of $2,200.
Answers: 1
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