A city's General Fund general ledger includes accounts called Estimated Revenues, Appropriations, and Encumbrances.
This indicates that the city:

a. Formally integrates its budget into its chart of accounts.
b. Uses a cash plus encumbrances basis of accounting.
c. Maintains its accounts on an accrual basis.
d. Erroneously reports encumbrances as expenditures.

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.