The General Fund of Loveland Ordered a New Fire Truck

Multiple Choice

The general fund of Loveland ordered a new fire truck on November 12,20X8,for $150,000.The order was appropriately encumbered on this date.Loveland received the fire truck on January 15,20X9,and issued a voucher to the manufacturer for $148,600.Loveland uses the calendar year for reporting,and outstanding encumbrances at December 31,20X8,are lapsing.On January 15,20X9,the general fund of Loveland should debit:

A) Fund Balance-assigned for Encumbrances for $148,600.
B) Expenditures for $148,600.
C) Expenditures-20X8 for $148,600.
D) Encumbrances for $148,600.