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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
If the fund balance of a Special Revenue Fund has a debit balance at the end of the fiscal year, it means that
      a.   revenues are less than expenditures for the year
      b.   actual revenues are less than estimated revenues
      c.   total liabilities exceed total assets
      d.   expenditures consistently exceeded encumbrances
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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