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. The general fund of Dubai ordered computer equipment on December 1, 2019, for $64,000. The order was appropriately encumbered on this date. Dubai received
. The general fund of Dubai ordered computer equipment on December 1, 2019, for $64,000. The order was appropriately encumbered on this date. Dubai received the computer equipment on January 25, 2020, and issued a voucher to pay the vendor $64,800. Dubai uses the calendar year for reporting, and all outstanding encumbrances lapse at year-end. Dubai' governing board honors all outstanding encumbrances by including them in the following year's appropriations. On January 25, 2020, the general fund of Dubai should:
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