Encumbrance control account


When supplies ordered by a governmental unit are received at an actual price which is more than the estimated price on the purchase order, the Encumbrance Control account is:

A. debited for the actual price for the supplies received

B. credited for the original estimated price for the supplies received

C. credited for the actual price on the purchase order

D. debited for the estimated price on the purchase order

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Accounting Basics: Encumbrance control account
Reference No:- TGS065368

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