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The City of Laramie, Wyoming fiscal year ends on June 30. The cityuses encumbrance cousing On May 6, a purchase order was approved and issued
The City of Laramie, Wyoming fiscal year ends on June 30. The cityuses encumbrance cousing On May 6, a purchase order was approved and issued for supplies in the amount of $57.00. The cry received these supplies on June 2, and the $7,000 invoice was approved for payment. What General Fund jurnal entry should the city make on May 6, to record the approved purchase onder? 7.000 A) Encumbrances Appropriations B) Supplies Debs Credis Vouchers Payable C) Encumbrances A 7,000 Encumbrances Outstanding D) Expenditures Encumbrances 7,000 1.000 7,000 Encumbrances Outstanding D) Expenditures O Choice D O Choice B O Choice A O Choice C Encumbrances 7,000 EC 7,000
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