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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 21, 2014



Title: Governmental funds recognize A.Expenses when the governmental unit uses goods
Post by: goji.go on Oct 21, 2014
Governmental funds recognize
A.   Expenses when the governmental unit uses goods or services.
B.   Expenditures when the governmental unit incurs a liability for goods or services.
C.   Expenditures when the fund incurs a liability.
D.   Expenses when the fund assets are consumed.


Title: Re: Governmental funds recognize A.Expenses when the governmental unit uses goods
Post by: f_zah1 on Oct 22, 2014
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Title: Re: Governmental funds recognize A.Expenses when the governmental unit uses goods
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: Governmental funds recognize A.Expenses when the governmental unit uses goods
Post by: f_zah1 on Oct 23, 2014
You're very welcome!