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goji.go goji.go
wrote...
Posts: 5977
9 years ago
The City of Kent’s police department needs a new police car.  A police car is ordered at an estimated cost of $34,000 and the appropriate budgetary control journal entry is made.  When the car is received, the actual cost is $35,000.  Which of the following is a part of the budgetary entry that should be made when the police car is received?
      a.   debit encumbrances for $34,000
      b.   credit encumbrances for $34,000
      c.   debit encumbrances for $35,000
      d.   credit encumbrances for $35,000
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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