At the end of FY 20x1, Bond City has outstanding encumbrances amounting to $15,000. Although the city follows a policy of allowing outstanding enoumbrances to lapse, it plans to honor the related purchase orders in FY 20x2. The management of the city wants the users of its financial statements to be aware of these outstanding purchase orders. Therefore, at year-end, the city's accountant should a. Debit encumbrances b. Credit appropriations O Debit Unassigned Fund Balance d. Debit an expenditure account