Assume that the City of Juniper maintains its books and records to facilitate the preparation of its fund financial statements. The city pays its employees bi$-$weekly on Friday. The fiscal year ended on Wednesday, June $30.$ Employees had been paid on Friday, June $25.$ The employees paid from the general fund had earned $$90,000$ on Monday, Tuesday, and Wednesday $($June $28,29,$ and $30).$ What entry, if any, should be made in the city$$s general fund on June $30?$

Question $1$Answer

a$.$

Debit Expenditures $$90,000$; credit Encumbrances $$90,000.$

b$.$

Debit Expenses $$90,000$; credit Accrued wages and salary $$90,000.$

c$.$

Debit Expenses $$90,000$; credit Encumbrances $$90,000.$

d$.$

Debit Expenditures $$90,000$; credit Accrued wages and salary $$90,000.$