The City of Athens' fiscal year ends on June 30. Athens uses encumbrance accounting. On May 6,
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The City of Athens' fiscal year ends on June 30. Athens uses encumbrance accounting. On May 6, a purchase order was approved and issued for supplies in the amount of $6,000. Athens received these supplies on June 2, and the $6,000 invoice was approved for payment. What General Fund journal entry should Athens make on May 6, to record the approved purchase order?
A) d-Encumbrances 6,000
c-Appropriations 6,000
B) d-Supplies 6,000
c-Vouchers Payable 6,000
C) d-Encumbrances 6,000
c- Encumbrances Outstanding 6,000
D) d-Expenditures 6,000
c-Encumbrances 6,000
Related Book For
Essentials of Accounting for Governmental and Not-for-Profit Organizations
ISBN: 978-0073527055
10th Edition
Authors: Paul A. Copley
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