At the end of its fiscal year, the City of Lancaster owes public safety workers $16,000 and general government employees $10,000 for work pertormed related to General Fund activities prior to its December 31St fiscal year end. The employees are not paid until January 10th of the following year.

What journal entry, if any, should the City of Lancaster make to record this transaction in its General Fund on December 31St

Choices:

Salaries expense--public safety

16,000

Salaries expense--general government

10,000

Accrued salaries payable

26,000

Encumbrances--salaries

26,000

Budgetary fund balance reserved for

26,000

encumbrances

No entry is required because this transaction relates to an activity accounted for in the General Fund.

Expenditures--public safety salaries

16,000

Expenditures--general government salaries

10,000

Accrued salaries payable

26,000

At the end of its fiscal year, the City of Lancaster owes public safety workers $16.000 and general government employees $10,000 for work performed related 10 General Fund actyles prior to ts December 31st fiscal year end. The employees are not paid until January 10th of the following year, What ournal entry. It any, should the City of Lancaster make to record this transaction in its General Fund on December 315! Salates expense public safety 16.000 Salaries expense-general government 10.000 Accrued salarles payable 26.000 Enconcessaries 26.000 Budgetary tun tualance reserved fon 25,000 encuriances to my nequea because this transaction relates to an activity accounted for in the General Fund Expenditures-public safety stes 16.000 Expendite-general government salaties 10.000 Acordes colo 26.000