A Budgetary Fund Balance Assigned for Encumbrances in excess of a balance of Encum- brances Control indicates:. a. An excess of vouchers payable over encumbrances.
b. An excess of purchase orders over invoices received.
c. A recording error.
d. An excess of appropriations over encumbrances.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.