Question
At the beginning of the year, the city of Leona appropriates $28,000 for police training. It currently has expenditures for police training of $12,000 and
At the beginning of the year, the city of Leona appropriates $28,000 for police training. It currently has expenditures for police training of $12,000 and has additional outstanding encumbrances of $8,000.
How much does the city of Leona currently have available to spend for police training?
A. 8,000
B. 13,000
C. 17,000
D. 25,000
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College Accounting, Chapters 1-15
Authors: James A. Heintz, Robert W. Parry
21st Edition
1285639723, 9781285639727
