Business
Business, 08.04.2020 00:03, kayliebug2003

The City of Grand Marais' fiscal year ends on June 30. Grand Marais uses encumbrance accounting. On May 6, a purchase order was approved and issued for supplies in the amount of $6,000. Grand Marais received these supplies on June 2, and the $6,000 invoice was approved for payment. What General Fund journal entry should Grand Marais make on May 6, to record the approved purchase order

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The City of Grand Marais' fiscal year ends on June 30. Grand Marais uses encumbrance accounting. On...

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