City starts the year of 2020 with JD75,000 in supplies. During the year it orders JD540,000 in supplies, receives JD510,000 , and uses JD570,000. It accounts for inventories on the purchases basis. In its 2020 governmental fund financial statements it should report Select one : a. Expenditure JD570,000; Nonspendable Fund Balance JD O O b. Expenditure JD540,000 ; Nonspendable Fund Balance JD 15,000 c. None of the other choices O d. Expenditure JD510,00 Nonspendable Fund Balance JD15,000 e. Expenditure JD540,000; Nonspendable Fund Balance JD O

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