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Yanqul Municipality has a balance of RO 2,000,000 in appropriated fund. The management has approved the purchase of new printing machine for the office which

Yanqul Municipality has a balance of RO 2,000,000 in appropriated fund. The management has approved the purchase of new printing machine for the office which costs RO 1,300,000. The machine is expected to be delivered in 90 days. The appropriated fund ledger is now showing the balance of ___________.

a.

None of the option

b.

RO 700,000

c.

RO 1,300,000

d.

RO 3,300,000

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