Question 31 Not yet answered Marked out of 1 P 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 a. Dr. Accounts Payable and Cr. Expenditure O b. Dr. Encumbrance Reserve and Cr. Encumbrance O c. Dr. Expenditure and Cr. Accounts payable O d. None of these Question 42 Not yet answered Marked out of 1 Flag question Analyze the effect of the following transaction on the Statement of Revenue, Expenditures and Changes in Fund Balance of Government Fund: City transferred OMR 25,000 to Debt Service Fund as the first instalment towards the payment of the principal and interest of Development Bond o a. Classified under both Capital Project Fund Debt Service Fund as Other Financing Sources (Uses) b. Classified under both General Fund and Debt Service Fund as Other Financing Sources (Uses) O C. None of these O d. Classified under both Special Revenue Fund and Debt Service Fund as Other Financing Sources and (Uses) Question 31 Not yet answered Marked out of 1 P 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 a. Dr. Accounts Payable and Cr. Expenditure O b. Dr. Encumbrance Reserve and Cr. Encumbrance O c. Dr. Expenditure and Cr. Accounts payable O d. None of these Question 42 Not yet answered Marked out of 1 Flag question Analyze the effect of the following transaction on the Statement of Revenue, Expenditures and Changes in Fund Balance of Government Fund: City transferred OMR 25,000 to Debt Service Fund as the first instalment towards the payment of the principal and interest of Development Bond o a. Classified under both Capital Project Fund Debt Service Fund as Other Financing Sources (Uses) b. Classified under both General Fund and Debt Service Fund as Other Financing Sources (Uses) O C. None of these O d. Classified under both Special Revenue Fund and Debt Service Fund as Other Financing Sources and (Uses)