Moving to another question will save this response. Question 16 Question 16 of 41 4.5 points Save Answer A city that uses encumbrance accounting places a purchase order for three fire trucks at a cost of $120,000 each, specifying that two are to be delivered in March and one in August. The vendor delivers the first two trucks and sends an invoice for $240,000. How should the city handle the encumbrance accounting when it prepares the $240,000 voucher to pay for the first two trucks? O It should reduce encumbrances by $240,000 O It should reduce encumbrances by $360,000 F2 2 @ It should make no encumbrance entry until all three trucks have been received O It should reduce encumbrances by $120,000 A Moving to another question will save this response. F3 F4 144 F5 11 F6 14 Question 16 of 41 DELL F7 F8 F9 F10 F11 F12 PrtScr Insert Delete PgUp PgDn $ % & ( ) 3 4 5 6 7 8 9 0 Backspace Num Lock B