Question

Pleasantville maintains an appropriations ledger for police department supplies. The amount appropriated for supplies was $100,000. The ledger shows that two purchase orders were placed, PO A for $35,000 and PO B for $28,000. The supplies ordered on PO B arrived and were accepted; the invoice was for $29,000. At that point, how much of the appropriation was available for spending

Answer 1

Appropriation available for spending = 37000

Step-by-step explanation:

In the appropriations ledger, the amount available for spending at any moment is the total appropriation minus expenditures plus outstanding encumbrances.

100000 - 35000 - 28000 = 37000