Business, 08.04.2020 00:12 kalbaugh

The City of Island Grove uses encumbrance accounting and its fiscal year ends on June 30. On May 6, a purchase order was approved and issued for supplies in the amount of $6,000. Island Grove received these supplies on June 2, and the $6,000 invoice was approved for payment. What General Fund journal entry or entries should Island Grove make on June 2, upon receipt of the supplies and approval of the invoice?

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The City of Island Grove uses encumbrance accounting and its fiscal year ends on June 30. On May 6,...

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