Question: Question 5 6.4285 points Save Answer Assume that Mt. Pleasant city government places an order for a truck with an estimated cost of $12,300. When

Question 5 6.4285 points Save Answer Assume that Mt. Pleasant city government places an order for a truck with an estimated cost of $12,300. When the truck is delivered, the actual cost is $15,400. What is not a correct journal entry associated with the transaction above? 12,300 O.Dr. Encumbrances 12,300 Cr. Budgetary Fund Balance-Reserved For Encumbrances Dr. Budgetary Fund Balance-Reserved For Encumbrances 12,300 Cr. Encumbrances 12,300 Dr. Expenditures 15,400 Cr. Cash 15,400 12,300 Dr. Appropriations-Truck Cr. Accounts Payable 12,300

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