If the fifth fire truck has not been delivered by the end of the year, after closing entries which of the following is correct? Encumbrances has a balance of $200,000 Reserve for encumbrances has a balance of $200,000 Encumbrances has a balance of $190,000 Reserve for encumbrances has a balance of $190,000 If the fifth fire truck has not been delivered by the end of the year, after closing entries which of the following is correct? Encumbrances has a balance of $200,000 Reserve for encumbrances has a balance of $200,000 Encumbrances has a balance of $190,000 Reserve for encumbrances has a balance of $190,000