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27-12-2022
Business

Answered

The general fund of Hatteras acquired a fire truck during the fiscal year ended June 30, 20X9. The purchase order for the fire truck was recorded on February 15, 20X9. Hatteras' acquisition of the fire truck required which of the following sequences of accounting activities?
I. Appropriation.
II. Encumbrance.
III. Expenditure.

Answer :

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