A public university ordered the 2 vehicles for the use of students and staff. Upon ordering the vehicles the university should  a. Expenditure Account Dr, Account Payable Cr b. Encumbrance Control Account Dr, Budgetary Fund Balance Reserve A/c (BFBR) Cr c. Budgetary Fund Balance Reserve A/c (BFBR) Dr, Encumbrance Control Account Cr, d. None of the options

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A public university ordered the 2 vehicles for the use of students and staff. Upon ordering the vehicles the university should 
a.
Expenditure Account Dr, Account Payable Cr
b.
Encumbrance Control Account Dr, Budgetary Fund Balance Reserve A/c (BFBR) Cr
c.
Budgetary Fund Balance Reserve A/c (BFBR) Dr, Encumbrance Control Account Cr,
d.
None of the options
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