The Water Utility an Enterprise Fund Has Just Sent Out

question 72

Multiple Choice

The Water Utility an enterprise fund has just sent out a purchase order to a vendor for some new equipment. Which of the following would be included in the journal entry to record this event?

• A) A credit to Accounts Payable.
• B) A debit to Encumbrances.
• C) A debit to Expenditures.
• D) None of the above.

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Definitions:

RACE Method

An acronym standing for "Rescue, Alarm, Confine, Extinguish," used as a protocol in fire safety training.

Physical Therapy Session

A period of treatment involving exercises, massages, and other methods to improve movement, strength, and function, usually under the guidance of a physical therapist.

Wheelchair Seat

The part of a wheelchair that supports the user's body weight, designed for comfort and proper posture.

Nursing Assistive Personnel

Various types of support workers in healthcare who assist nurses in providing patient care but are not licensed as nurses.