A Moving to another question will save this response. > Question 29 4 points Save Answer A city had placed a purchase order for $30,000 for street maintenance supplies; the order allowed for price increases up to 5 percent of the order. The vendor shipped the supplies and billed the city for a total of $31,000. The city inspected the shipment and approved the invoice for $31,000. What budgetary journal entry should the city make when the supplies are received? O Debit Budgetary fund balance reserved for encumbrances for $30,000 and credit Encumbrances for $30,000. O Debit Budgetary fund balance reserved for encumbrances for $31,000, credit Encumbrances for $30,000, and credit Budgetary fund balance for $1,000. O Debit Budgetary fund balance reserved for encumbrances for $31,000 and credit Encumbrances for $31,000. Debit Budgetary fund balance reserved for encumbrances for $30,000, debit Expenditures for $1,000, and credit Encumbrances for $31,000 Moving to another question will save this response. > DELL F11 F12 O 5 O E R T WV