ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
18th Edition
ISBN: 9781307515596
Author: RECK
Publisher: MCG/CREATE
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Chapter 3, Problem 16.3EP

Which of the following accounts neither increases nor decreases the fund balance of the General Fund during the fiscal year?

  1. a.     Expenditures.
  2. b.     Revenues.
  3. c.     Encumbrances.
  4. d.      Other financing sources.
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Crich Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 33,280 hours and the total estimated manufacturing overhead was $634,368. At the end of the year, actual direct labor hours for the year were 31,500 hours and the actual manufacturing overhead for the year was $634,368. Overhead at the end of the year was _. General Accounting 5.8
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ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM

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