The Village of Naples has $19,000 of purchase orders outstanding at the end of 2014 which will be honored. The goods and supplies were received during the second week of January,2015. The invoice amounted to $18,800
What are the journal entries necessary to re-establish the encumbrance and record receipt of the supplies?

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The Answer of The Village of Naples has $19,000 of purchase orders outstanding at the end of 2014 which will be honored. The goods and supplies were received during the second week of January,2015. The invoice amounted to $18,800
What are the journal entries necessary to re-establish the encumbrance and record receipt of the supplies?

The Village of Naples Has $19,000 of Purchase Orders Outstanding