Question 31 Not yet answered Marked out of 1 Flag question Identify journal entry required to be passed in encumbrance accounting for the following transaction: "One of the Equipment ordered was cancelled as per the discussion with the supplier o a. Dr. Accounts Payable and Cr. Expenditure o b. Dr. Encumbrance Reserve and Cr. Encumbrance c. Dr. Expenditure and Cr. Accounts payable d. None of these Measurement Focus that measures both current and long term assets and liabilities is : O a. The Economic Resources Measurement Focus ob. Both these Measurement Focuses O c. The Current Financial Resources Measurement Focus d. None of these Measurement Focuses