What Journal Entry Should Be Made at the Beginning of the Fiscal

What journal entry should be made at the beginning of the fiscal year to reestablish the Encumbrances account of a capital projects fund for a multi-year capital project?

A) Debit Fund Balance and credit Encumbrances.
B) Debit Reserve for Encumbrances and credit Encumbrances.
C) Debit Encumbrances and credit Fund Balance.
D) Debit Encumbrances and credit Reserve for Encumbrances.