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What account should park debit to record

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Question - Park City uses encumbrance accounting and formally integrates its budget into the general fund's accounting records. For the year ending July 31, year 1, the following budget was adopted:

Estimated revenues $30,000,000

Appropriations 27,000,000

Estimated transfer to debt service fund 900,000

Park incurred salaries and wages of $800,000 for the month of April year 1. What account should Park debit to record this $800,000?

Reference no: EM133079388

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