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The general fund of Live Oak acquired a police vehicle during the fiscal year ended 6/30/2018. The purchase order for the police vehicle was was

The general fund of Live Oak acquired a police vehicle during the fiscal year ended 6/30/2018. The purchase order for the police vehicle was was recorded on February 1, 2019. Live Oak's acquisition of the police vehicle required the followig sequence ofs of accounting activities?

I Appropriation

II Encumbrance

III Expenditure

Multiple Choice

  • III, II, I

  • I, III, II

  • II, I, III

  • I, II, III

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