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Business, 18.08.2019 03:10 karlyisaunicorn

The general fund of loveland ordered a new fire truck on november 12, 20x8, for $150,000. the order was appropriately encumbered on this date. loveland received the fire truck on january 15, 20x9, and issued a voucher to the manufacturer for $148,600. loveland uses the calendar year for reporting, and outstanding encumbrances at december 31, 20x8, are lapsing. on january 15, 20x9, the general fund of loveland should debit: multiple choice fund balance—assigned for encumbrances for $148,600. expenditures for $148,600. expenditures-20x8 for $148,600. encumbrances for $148,600.

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The general fund of loveland ordered a new fire truck on november 12, 20x8, for $150,000. the order...
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