Short Answer
Albee Township's fiscal year ends on June 30.Albee uses encumbrance accounting.On April 5,20X5,an approved $1,000 purchase order was issued for supplies.Albee received these supplies on May 2,20X5,and the $1,000 invoice was approved for payment.What journal entry should Albee make on April 5,20X5,to record the approved purchase order?
Correct Answer:

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Correct Answer:
Verified
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