Business, 22.06.2021 20:10 toshahoskins0098

A city that uses encumbrance accounting places a purchase order for three fire trucks at a cost of $100,000 each, specifying that two are to be delivered in March and one in August. The vendor delivers the first two trucks and sends an invoice for $200,000. How should the city handle the encumbrance accounting when it prepares the $200,000 voucher to pay for the first two trucks

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A city that uses encumbrance accounting places a purchase order for three fire trucks at a cost of $...