What journal entry is made when a purchase order is placed with a supplier?
A) Debit encumbrances and credit budgetary fund balance reserved for encumbrances
B) Debit expenditures and credit budgetary fund balance reserved for encumbrances
C) Debit appropriations consumed and credit budgetary fund balance reserved for encumbrances
D) Debit encumbrances and credit appropriations
Correct Answer:
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