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Which is the correct journal entry to record the following transaction for the general fund? On April 15, 2020, Richmond City ordered new equipment at
Which is the correct journal entry to record the following transaction for the general fund? "On April 15, 2020, Richmond City ordered new equipment at an anticipated cost of $150,000." Multiple Choice 150,000 Encumbrances ---Equipment Voucher Payable 150,000 O 150,000 Fund Balance --Assigned Encumbrances ---Equipment 150,000 150,000 Expenditure ---Equipment Fund Balance --Unassigned 150,000 O Encumbrances ---Equipment Fund Balance --Assigned 150,000 150,000
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