solved : To close Reserve for encumbrances at the end of the year whi
To close Reserve for encumbrances at the end of the year which of… To close Reserve for encumbrances at the end of the year which of the following entries should be made? Debit Reserve for encumbrances; credit Fund balance. Debit Reserve for encumbrances; credit Encumbrances. Debit Fund balance; credit Reserve for encumbrances. No closing entry needed. BusinessAccountingACC 410
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